Nasdaq Invests $50M in Gemini to Bolster Crypto Services Amid IPO Plans

Nasdaq is committing $50 million to cryptocurrency exchange Gemini as part of a strategic partnership aimed at bridging traditional finance and digital assets. The investment supports Gemini’s upcoming IPO, which targets $317 million in funding. The collaboration will integrate Gemini’s custody and staking infrastructure into Nasdaq’s ecosystem, while institutional clients gain access to Nasdaq’s Calypso collateral management platform.

The move signals Nasdaq’s deepening foray into tokenization and crypto services, leveraging Gemini’s technical stack. "This partnership accelerates institutional adoption," a Gemini spokesperson noted, highlighting the synergy between Nasdaq’s capital markets expertise and Gemini’s crypto-native solutions. The deal underscores growing Wall Street demand for regulated digital asset infrastructure.