Next Crypto IPO: Gemini

In partnership with

Hey crypto trailblazer, 👋

IPOs keep heating up. Here’s your update on Gemini’s big entry and a reminder of which crypto exchanges are already trading in the U.S.

📊 Crypto Exchanges Already Public

Here are the crypto exchanges already trading publicly in the U.S.:

• Coinbase went public via direct listing on Nasdaq in 2021, becoming the dominant player in U.S. markets.

• Bullish, backed by Peter Thiel, offered a blockbuster debut on the NYSE in August 2025, with shares doubling from the IPO price on day one.

These listings show that crypto is moving from backrooms to ticker symbols.

Your career will thank you.

Over 4 million professionals start their day with Morning Brew—because business news doesn’t have to be boring.

Each daily email breaks down the biggest stories in business, tech, and finance with clarity, wit, and relevance—so you're not just informed, you're actually interested.

Whether you’re leading meetings or just trying to keep up, Morning Brew helps you talk the talk without digging through social media or jargon-packed articles. And odds are, it’s already sitting in your coworker’s inbox—so you’ll have plenty to chat about.

It’s 100% free and takes less than 15 seconds to sign up, so try it today and see how Morning Brew is transforming business media for the better.

Check it out

🚀 Gemini Files to Become the 3rd U.S. Crypto Exchange to IPO

Gemini, led by the famous Winklevoss twins, revealed its plans to go public:

• Their S-1 filing shows a net loss of $282.5 million on $68.6 million in revenue in H1 2025. No IPO terms have been disclosed yet.

• Gemini reported 523,000 monthly transacting users, a 50% increase in trading volume to $24.8 billion, and over $18 billion in assets under custody.

• They will list under ticker GEMI. Post-IPO, Gemini will join Coinbase and Bullish as the third publicly traded crypto exchange in the U.S.

With this move, Gemini aims to expand access to retail and institutional investors.

Bottom line: The wave of crypto IPOs just got wider. Coinbase and Bullish are already public. Gemini is positioning itself right behind them as the next to cross the ticker tape.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.