Summary
- Reuters reported that Nasdaq has invested $50 million in the U.S. virtual-asset exchange Gemini.
- Nasdaq said it plans to purchase $50 million worth of shares at the time of Gemini's initial public offering (IPO).
- Gemini has submitted an IPO filing to the U.S. Securities and Exchange Commission (SEC), saying the target fundraising amount is up to $317 million.
Nasdaq has invested $50 million in the U.S. virtual-asset (cryptocurrency) exchange Gemini.
On the 9th (local time), Reuters, citing people familiar with the matter, said, "Nasdaq has invested $50 million in Gemini," and added, "it plans to purchase $50 million worth of shares at the time of Gemini's initial public offering (IPO)."
Earlier, Gemini filed an IPO application with the U.S. Securities and Exchange Commission (SEC). The target fundraising amount is up to $317 million.
Son Min
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