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Home»Bitcoin»Gemini Files Draft With The SEC For Proposed IPO
Bitcoin

Gemini Files Draft With The SEC For Proposed IPO

8 June 2025No Comments3 Mins Read
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Nowadays, Gemini Space Station, Inc. announced The fact that it has submitted a concept registration statement to the US Securities and Exchange Commission for a proposed initial public offer (IPO) of its ordinary class A. Details such as the number of shares and the price range were not disclosed. The IPO continues after the assessment of the SEC and is subject to market conditions.

🚨 Just in: @Twin has confidentially submitted an IPO to the @Secgov.

Details about the number of shares and prices of TBD.

The launch date depends on SEC assessment and market conditions.

– Eleanor Terrett (@eleanorterrett) June 6, 2025

“All offers, requests or offers to buy, or a sale of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended,” the press release explained. “This announcement is issued in accordance with Rule 135 under the Securities Act.”

The Movement of Gemini comes during a period of growing activities on both public markets and the digital assets space. Yesterday Trump Media and Technology Group Corp. (Nasdaq, NYSE TEXAS: DJT) Also submitted a form S-1 to the SEC for the upcoming Truth Social Bitcoin ETF.

“Truth Social Bitcoin ETF, BT is a business confidence in Nevada that gives favorable interests in its net assets,” said the form S-1. “The trust assets consist mainly of Bitcoin in the hands of a custodian on behalf of the Trust. The trust generally tries to display the performance of Bitcoin’s price.”

Momentum around Bitcoin and a broader crypto policy was also clear last week at the Bitcoin conference of 2025 in Las Vegas. There, the founders of Gemini Cameron and Tyler Winklevoss closed AI & Crypto Tsar David Sacks at the White House to discuss how the government should manage Bitcoin, as well as recent developments in federal policy.

See also  Trump's SEC Is Ending Crypto Lawsuits and Investigations—These Are the Biggest

“Orange is the new gold,” Cameron said. “So, Bitcoin is Gold 2.0, and that has been true since day one. So, for $ 100,000 bitcoin, that is exciting, but if you take 21 million and do the above -ground market price of gold. Really, it should be a million dollars per coin – easy,” “

Gemini founders Cameron and Tyler Winklevoss joined the White House Ai & Crypto Czar David Sacks.

They spoke about some of the recent policy changes that have been good for Crypto, include reversing the IRS Digital Asset Broker Rule and SAB 121, who had prevented banks from holding Bitcoin. The Ministry of Justice also stopped his regulation by the prosecutor, which is a lot of pressure from digital activa companies.

“It’s hard to introduce a president. Every other president can do a fraction of this or reach that or another administration and we have a little more than 100 days,” Tyler said. “So it’s quite surprising that we still have a lot of time left.” Later he ended the panel and said, “To the moon!”

Draft files Gemini IPO proposed SEC
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