Gemini Taps Wall Street Titans—Goldman, Citi, Morgan Stanley, Cantor—to Lead Blockbuster IPO Charge
Wall Street meets crypto—again. Gemini, the Winklevoss twins' brainchild, just enlisted banking royalty to underwrite its coming-out party. Goldman Sachs, Citi, Morgan Stanley, and Cantor Fitzgerald are now the chosen ones steering this digital asset heavyweight toward public markets.
Why it matters: When traditional finance heavyweights back a crypto IPO, it’s either a masterstroke or a last-ditch credibility grab. Spoiler: Their fees suggest they’re betting on the former.
The playbook: These banks don’t touch just any debut. Their involvement signals institutional-grade scrutiny—and a calculated bid to lure skeptics who still think ‘crypto exchange’ and ‘regulated’ don’t belong in the same sentence.
Bottom line: If this IPO lands smoothly, it’ll be a watershed moment for crypto’s march into mainstream finance. If it flops? Well, at least the bankers got paid upfront.