The Gemini cryptocurrency exchange, founded by Tyler and Cameron Winklevoss, may soon enter the stock market amid growing interest in cryptocurrencies.
“We think in this direction and do our best to have such an opportunity. We are monitoring the market, and we are conducting internal discussions about whether this makes sense for us at the moment. We are definitely open to this initiative, “Cameron Winklevoss said in an interview.
An initial public offering, direct listing or merger with a specialized company is increasingly being considered by cryptocurrency firms to enter the stock market.
So, in December, the Coinbase exchange submitted a preliminary application to the SEC for an IPO in the United States, and the Bakkt cryptocurrency platform recently confirmed plans to enter the stock market through a merger with VPC Impact Acquisition Holdings.
To attract new US customers, Gemini announced this week the launch of a credit card that will work like a traditional card but have up to 3% cashback in BTC or other cryptocurrencies on every purchase. Rewards will be automatically transferred to cardholder accounts.
“Money is rubbish. So when you spend your fiat money and get BTC it’s a pretty good deal, ”said Tyler Winklevoss.
In December, Tyler Winklevoss noted that the largest and most reputable investors in the world began to invest in Bitcoin. Earlier, the founders of Gemini stated that the capitalization of bitcoin will exceed the capitalization of gold.
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