Gemini, the New York-based crypto exchange, has confirmed its plans to go public by filing a draft registration statement for an IPO with the U.S. Securities and Exchange Commission, following the recent dizzying debut of Circle on the New York Stock Exchange. Gemini's filing comes as it seeks to capitalize on the current enthusiasm in the crypto sector. Meanwhile, Circle's stock has surged significantly since its IPO, nearly quadrupling since debut. Analysts caution potential investors, suggesting they wait for a lockup period to pass before investing in Circle stock. In addition, Strategy, linked to Bitcoin magnate Michael Saylor, is increasing its ability to purchase Bitcoin by launching a high-yield preferred stock offering, expected to yield up to 10%. However, this stock will carry higher risk as it is subordinate to existing investments, which means that in the event of liquidation, these investors will be repaid after creditors. As the crypto landscape evolves, with significant IPOs and investment opportunities, both Gemini and Circle are positioned to influence the market significantly over the coming months.

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