Crypto exchange Gemini onboards ex-Affirm exec ahead of IPO

The crypto exchange gemstones based on Winklevoss have hired a new financial director while seeing public by 2026.

Crypto exchange Gemini appointed Dan Chen as a financial director when he gets closer to potential public list On Nasdaq. Chen, who previously worked at Affirm Inc. as vice-president of her capital markets and banking partnerships, announced her new role in A Monday post on X.

The exchange of crypto whose headquarters are in New York, supported by twins Cameron and Tyler Winklevoss, worked with Goldman Sachs And Citigroup on a possible public offer that could occur this year, although no final decision has been announced so far.

Gemini recently ruler Regulatory problems, including a payment of $ 5 million to end a commodity future trading commission trial. He also agreed to return at least $ 1.1 billion to customers affected by the bankruptcy of Genesis Global Capital. Due to the assessment of assets, some users have received more than $ 2 billion in crypto, according to a press release from the company.

Gemini, who operates offices in New York, Seattle, Singapore, London and Dublin, has become more than 500 employees. Like crypto.News noted earlierThe twins were vocals in their support for US President Donald Trump during the electoral cycle. His return to the White House is largely considered a positive development for the cryptographic industry.

With the recent regulatory tail winds, a successful geminal stock exchange could point out a new wave of public offers in the cryptography sector, potentially arousing an important interest on the part of investors wishing to capitalize on the landscape of evolving digital assets.