Core Viewpoint - Cryptocurrency exchange Gemini has announced its intention to launch an initial public offering (IPO), aiming to raise up to $317 million by offering 16.7 million shares at a price range of $17 to $19 per share [1] Company Overview - Gemini was founded by the Winklevoss brothers and offers a range of services including trading, stablecoin issuance, custody, staking, and credit card services [1] - The company currently manages over $18 billion in assets [1] Financial Performance - In the first half of 2025, Gemini reported a net loss of $283 million, with revenues amounting to $68.6 million, indicating a heavy reliance on trading fees [1] Regulatory Developments - Recently, Gemini reached a settlement with the U.S. Securities and Exchange Commission regarding allegations of selling unregistered securities [1] - The company also paid a $5 million fine to the Commodity Futures Trading Commission concerning compliance issues related to Bitcoin futures [1]