Gemini’s Public Debut Meets Tepid KBW Response - Crypto Exchange Faces Skeptical Market

Gemini's long-awaited public market entrance gets the cold shoulder from Keefe, Bruyette & Woods - because nothing says 'welcome to Wall Street' like institutional skepticism.
The lukewarm reception speaks volumes about traditional finance's ongoing crypto jitters. While retail investors pile into digital assets, the suits at KBW apparently need more convincing.
Another day, another reminder that legacy finance moves at the speed of molasses while crypto evolves at light speed. The analysts probably still think Bitcoin's just for buying pizza.
Gemini joins the public markets just as institutional adoption hits record highs - timing is everything, except when Wall Street's playing catch-up.