Gemini and oda crypto exchanges dey plan IPO as US law don dey okay for dem
Gemini, one big crypto exchange for US wey Winklevoss twins set up, don secretly send S-1 registration paper to SEC, so dem dey move well well towards dem public offering (IPO). Even though dem no decide yet how much dem go offer and when, and na regulatory body go still check am, dis move show say plenty crypto company dey rush go public. Dis decision dey come after Circle wey dey issue stablecoin don do successful IPO, and dem dey hear say Kraken, wey be their competitor, dey also prepare to go public. Dem say dis many IPO come out because US don dey friendly pass to crypto for regulation and politics, with support from former President Donald Trump and plenty people wey dem appoint wey dey support crypto. The way Winklevoss brothers openly dey support Trump, even with big big bitcoin donation, don make Gemini dey align with wetin dey happen for politics now. If all dis IPO happen well well, dem expect say e go bring more trust from big institutions, clear clear rules, and money go dey rush enter crypto market, as Gemini dey focus on compliance and security, e go make dem be main player.
Bullish
De confidential IPO filing wey Gemini do show say big big companies don dey interested again and crypto exchanges don dey get respect, after Circle IPO wey succeed recently and as people dey wait for wetin competitors like Kraken go do. How US government and politics dey change go come favour crypto more – with new rules and strong support from big people – mean say more money go enter the market and plenty people go accept am if these IPOs happen. Before before, when big crypto companies dey do public offering, e dey make everybody dey happy for market, draw new investors, and make big companies dey get more value, especially for crypto wey get connection with big exchanges.