Crypto Exchange Gemini to file for initial public offer
Gemini has been reported to mulling an Initial offer to the public This year, with Goldman Sachs and Citigroup involved in the process.
The exchange, founded by Billionaire Twins Cameron and Tyler Winklevoss, did not make a final decision about listing details, according to a March 7 Bloomberg Reportwho mentioned the people who are familiar with this matter.
Gemini did not respond immediately to the cointelegraphs request for the comment.
It came as United States security and exchange commission It closed its investigation into Gemini in February. 26Adding to a growing list of companies that have escaped the regulator’s investigation so far.
In 2021, Coinbase became first Crypto Exchange to go public in the USlisting its stock shares in Nasdaq.
Kraken joined the initial offer club to the public
The Crypto Exchange Kraken has also been reported planning to go public, with a possible IPO ended for early next year, according to a March 7 Bloomberg ReportThe people are also familiar with this.
Bloomberg’s resources claimed by Kraken are currently considering the launch of its IPO in the first quarter of 2026. However, the details have not been placed on the stone and may change.
Kraken did not respond immediately to the cointelegraphs request for the comment.
Crypto Funds exchanged by the exchange Insuer bitwise predicted at least Five crypto unicorn will go public in 2025Includes Stablecoin Issuer Circle and Crypto Exchange Kraken.
The Sec Sumang -ayon To overthrow the lawsuit against Kraken on March 3. The regulator accused Kraken In November 2023Possession The crypto exchange The illegal operated as an exchange of security without first registering.
It also argued that Payward Inc and Payward Ventures, which have operated as Kraken, have violated security laws since 2018. Kraken has denied all allegations.
Closed by El Salvador then reopened Vet Hospital funded by Bitcoin’s income
A veterinary hospital in El Salvador funded by the country’s Bitcoin (Btc) The revenues are closed and President Bitcoin President Nayib Buklele reopened.
Chivo pets, that’s was first announced in October 2021 And then opened in February 2022, Buklele closed due to widespread social media complaints about waiting hours, treatment was received, and this understanding was a animal hospital for the rich, Buklele said on a March 8 statement on Facebook.
Source: Nayib Buklele
However, just a day later, Buklele was backflip, saying in a March 9 statement that he was opening the hospital after he received thousands of positive “messages, comments, videos, photos, touching stories, and endless posts” about the hospital.
Bukele said that after discovering negative comments about Chivo pets did not reflect the reality of the project, he was reopening the hospital and increasing its budget.
Source: Nayib Buklele
“It is clear to me, that social media is not the best thermometer to measure a project,” he added.
Related: Only 4% of the world’s population holds Bitcoin in 2025: Report
The country recently bought another six bitcoin for growing stash. On a March 10 Post In X, El Salvador’s Bitcoin office said its holders are now up to 6,111 Bitcoin after new purchases, which cost nearly $ 500 million in current prices.
Brazil Postal Service Mulls Blockchain and AI
The Brazil State Postal Postal service may plan to empower some of its services using blockchain technology and artificial intelligence.
The Brazilian Post and Telegraph Company was announced on a March 7 Notice It launches a pre-election process for companies and specialists in Blockchain and AI To show options to integrate tech into business management, operational and internal supply processes.
“The goal is to digitally transform infrastructure and internal processes, improving the quality of services offered and strengthening the position of Correios as a modern and technological advanced institution,” Correios Says In its notice.
The soft, open from March 10 to April 11, has requested interested companies to apply solutions with “high levels of security, management and transparency.”
Other news
White House Crypto and Ai Czar David Sacks have Taxation transactions rejected To fill the strategic US bitcoin and crypto reserve.
Meanwhile, former FTX CEO Sam “SBF” Bankman-Fried has reportedly sent to the lonely confinement For participating in an interview with political commentator Tucker Carlson who was not approved by prison authorities.
Magazine: Bitcoin’s odds of June Highs, Sol’s $ 485M outflows, and more: Hodler’s Digest, March 2 – 8
