Cryptocurrency exchange Gemini might go public in the foreseeable future amid the growing interest in cryptocurrencies, Cameron and Tyler Winklevoss told Bloomberg. In an interview, Gemini's Co-Founder and President, Cameron Winklevoss, says the company is considering going public and making sure that it has that option.
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"We are watching the market and we are also having internal discussions on whether it makes sense for us at this point in time. We are certainly open to it," he added.
However, Gemini is not the only digital assets platform that is going towards traditional markets. The other US-based crypto excange, Coinbase, submitted a draft registration statement on Form S-1 in December last year. The company says the Form S-1 is expected to become effective "after the SEC completes its review process, subject to market and other conditions."
Cameron Winklevoss emphasizes they are still crypto hodlers even at the current prices. As of press time, bitcoin (EXANTE: Bitcoin) is trading at $39 382.
In November last year, Gemini selected ClearBank, a cloud-based clearing bank, for financial services in the UK. ClearBank will provide Gemini with infrastructure though a single API integration, including account numbers, sort codes and direct access to payment rails, such as Faster Payments and CHAPS.
Charles McManus, ClearBank's CEO, says digital currencies are becoming more attractive as UK consumers "explore new ways to store and invest their money."
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