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BTCC / BTCC Square / CoindeskEN /
Ripple Backs Gemini with $75M Lifeline as Crypto Exchange Guns for IPO Glory

Ripple Backs Gemini with $75M Lifeline as Crypto Exchange Guns for IPO Glory

Author:
CoindeskEN
Published:
2025-08-19 07:42:28
12
1

Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO

Ripple just threw Gemini a $75 million life preserver—because nothing says 'trust us' like a crypto lender doubling down before an IPO.

The credit facility extension smells like strategic positioning. Ripple's playing banker while Gemini polishes its S-1 filing—Wall Street meets blockchain in the most predictable crossover episode yet.

Watch the IPO runway get paved with OPM (other people's money). Because in crypto finance, the house always wins—even when it's technically not a house.

|Square

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