Gemini Secures $50 Million in Private Funding Round on September 9, 2025

According to media reports, Gemini secured $50 million in a private funding round on September 9, 2025. Nasdaq participated as the investor in this round. Following this financing, Gemini’s total cumulative funding has reached $450 million.Gemini is a digital asset trading and custody services company, providing cryptocurrency trading and storage solutions for users. Based on the project’s development trajectory, Gemini holds a significant position in the cryptocurrency industry. The company completed a $400 million Series A round in November 2021 and has demonstrated steady growth in recent years. Its revenue increased from $98.14 million in 2023 to $142 million in 2024, reflecting robust business expansion.Notably, Gemini is actively advancing its IPO plans. In March 2025, the company began working with Goldman Sachs and Citi to prepare for its IPO, and officially filed for listing in August, with plans to list on Nasdaq. Its fundraising target has also been raised from the initial $317 million to $433 million, reflecting strong market recognition of the project. Despite facing certain challenges during its development—such as business frictions with JPMorgan and a $5 million settlement to resolve CFTC litigation—Gemini has maintained steady progress, demonstrating strong market competitiveness and growth potential.