Cryptocurrency exchange Gemini (Gemini Space Station) has publicly submitted its prospectus to the US Securities and Exchange Commission (SEC) after a confidential filing in June, with plans to list on NASDAQ under the stock code GEMI. The fundraising scale and offering price range have not been disclosed yet.
 

Gemini was founded in 2014 by Cameron and Taylor Winklevoss. According to data provider Kaiko, it is one of the largest cryptocurrency trading platforms in the United States in terms of trading volume, with approximately $18 billion in assets under custody and a historical cumulative turnover of approximately $285 billion. Our business covers over-the-counter (OTC) trading, credit cards for the United States, as well as trading assets such as Bitcoin, Ethereum, and various stablecoins. Our service targets retail investors and institutions, and our main revenue comes from transaction fees charged based on transaction volume.
 

In terms of finance, the company's revenue for 2024 is $142.2 million, of which approximately 70% is transaction revenue; The net loss for the same period was $158.5 million. The prospectus shows that the Winklevoss brothers remain the largest shareholders of the company.