Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has lined up Nasdaq as a strategic backer for its planned initial public offering in New York this week.
What Happened: The exchange is aiming to raise as much as $317 million through the listing and has secured a commitment from Nasdaq to purchase $50 million worth of shares in a private placement at the time of the IPO, Reuters reported, quoting sources.
