Gemini exchange filed for IPO
The Crypto ecosystem is growing and it's good because with this growth we can expect more exchanges to grow. In the last bullrun cycle we had seen that Coinbase was listed in stock market after IPO. Now another exchange from US has announced its IPO and this is a good start. The gemini exchange is going public and the exchange has filed for the IPO. IPO is basically called initial public offering where public gets the opportunity to buy the stocks in the initialisting before it goes public so its like an early opportunity for the people to invest in the company when it is not open for the general public.
Gemini is the latest crypto company to turn to the public markets as the regulatory environment has eased and the Trump administration has embraced digital currencies and other crypto assets.
When any company goes for the public it is a big news because a lot of people become part of the company through the investment and especially in the Crypto when people are not aware about it much with this way lot of people will get on board it to the crypto which itself is a great achievement.
This time and Bitcoin price is growing it gives more opportunities for the exchange is to get listed on the exchanges and give the public and option to invest in the company who is stock market because this way allowed up people will be part of the company on the basis of investment they make on this company stock.
Currently this is happening only in the US but I hope this also expands where a lot of exchange is from different countries come forward and go public so that it bring more awareness and also gives more exposure to the people to invest on those companies through another legit way which is the stock market and it is very much popular in most countries.
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