- What sounds like an April joke that has set off too early is absolutely real.
- The US crypto bonds GeminiKraken and Bitgo use the government’s pro-crypto posture and now want to go to the stock exchange.
The discussions about a crypto exchange (IPO) gain drive, heated by the crypto-friendly attitude of President Donald Trump. The leading American stock exchanges Gemini, Kraken and Bitgo have shown interest in an IPO.
Gemini, octopus and Bitgo plan IPO exchanges
How CNF reportedthe crypto exchange Gemini operated by the Winklevoss twins has announced their intention to now go to the account. Talks with consultants are already running and it could work this year. From informed circles it is said that Gemini work with Goldman Sachs and Citigroup.
Gemini’s IPO registration takes place shortly after an important regulatory hurdle has been overcome. How described in our last report, the US stock exchange supervisory authority (SEC) recently completed its investigation against Gemini after 699 days.
The SEC announced Gemini that it decided not to take enforcement measures against the crypto exchange. This decision comes after almost two years of the examination and over nine months after Gemini has received a well.
According to Gemini, the octopus exchange has also announced plans for an IPO, which is expected to take place in early 2026. The stock exchange recently announced its annual report in 2024, which shows sales of $ 1.5 billion and an adjusted profit of $ 380 million
As with Gemini, the Sec has also given up its lawsuit against octopuses and changed its earlier attitude. The supervisory authority submitted a lawsuit against octopus in November 2023 and accused the stock exchange of operating a non-registered securities platform, broker and commercial business and a clearing point. With the settlement of the procedure, the company sees the opportunity to enter the public market.
The third in the group is Bitgo, a large crypto station point, it is reportedly checking a IPO in the second half of 2025.
Cryptoaffine government gives hope to the industry
The increasing interest in the stock exchange approaches comes in an environment that the market sees as a friendlier regulatory environment under President Trump. The President has repeatedly promised his support for the crypto industry and be recently Promise einer strategic crypto reserve litigate. Gemini, octopus and Bitgo are ready to use this affordable climate.
The Winklevoss twins were important financial supporters of Donald Trump’s presidential campaign. During Trump’s election campaign donated she Bitcoin beyond the permissible limit, which led to a partial “forced refund”.
Arjun Sethi, co-CEO of Kraken, also took part in the most recent crypto summit of the White House, which indicates that the company agrees to the government-friendly policy of the government.
In view of the support of the blockchain industry, the IPO climate for crypto companies seems to become increasingly cheaper due to the Trump administration. Cathie Wood, CEO from Ark Invest, had predicted that crypto companies such as Kraken and Circle would strive for IPO under a Trump government.