March 18, 2025
11 11 11 AM
Latest Post
Metaplanet Continues Bond Issuance for Bitcoin Buys Bitcoin Storm Could Be Brewing, Crypto OnChain Options Platform Derive Says Bitcoin’s Bull Market Cycle is Over, CryptoQuant’s Ki Young Ju Says Solana Protected Gender Identity Before Panning It in Anti-Queer Ad Arbitrum Ecosystem Unveils ‘Onchain Labs’ to Support Early-Stage Projects Gemini Hires New CFO as It Prepares for Potential IPO Bakkt Shares Drop 35% After Loss of Two Major Customers Bitcoin Edges Higher to $84K as Analyst Warns of Another Leg Down for Crypto Gold-Backed Tokens Outperform as ‘Bond King’ Gundlach Sees Precious Metal Hitting $4,000 Hashdex Seeks to Expand U.S. Crypto ETF to Include Litecoin, XRP and Other Altcoins

Gemini Hires New CFO as It Prepares for Potential IPO

Crypto exchange Gemini has appointed a new chief financial officer as it positions itself for a potential initial public offering.

The company’s latest hire, Dan Chen, who previously served as vice president of capital markets at Affirm, announced the move in a social media post.

“Crypto is the most dynamic sector in finance and Gemini is at the forefront of this revolution — making it simple and secure to engage on the digital asset frontier,” Chen wrote in the post.

Chen will work alongside Gemini co-founders Cameron and Tyler Winklevoss to help scale the business. The timing of the hire aligns with Gemini’s reported ambitions for an IPO, which would provide greater access to capital while subjecting the company to the transparency requirements of public markets.

Read more: Billionaire Winklevoss Twins-Backed Gemini Confidentially Filed for a U.S IPO: Bloomberg

If Gemini moves forward with the public listing process, it will be part of a small but growing number of crypto-native companies considering an IPO in the U.S. stock exchanges, including Kraken, Circle, Bullish (parent company of CoinDesk) and Blockchain.com

Gemini has not formally confirmed its IPO plans, but the appointment of a CFO with extensive experience in financial strategy suggests that preparations may be underway.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

This post was originally published on this site