Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO
Gemini’s S-1 IPO filing revealed a lending deal with Ripple and a widening first-half loss as the company endeavors to become the third crypto exchange to go public in the U.S.
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Gemini’s S-1 IPO filing revealed a lending deal with Ripple and a widening first-half loss as the company endeavors to become the third crypto exchange to go public in the U.S.
Crypto companies are going public at a rapid pace—what’s fueling the rush?
The exchange’s owner signaled its intention to sell shares to the public in a 2023 letter that didn’t give a timeframe.
But it is possible, as one of the world’s largest websites, it would have liked to. After less than a year, Reddit decided to sunset its “Community Points” crypto rewards token pilot, which was hailed as a success at launch. While decentralization maxis live by the maxim that “not your keys, not your coins,” the simple reality is that key […]
After Circle’s SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.