Gemini secures Nasdaq as a strategic investor with a $50 million private placement ahead of its IPO, aiming to raise over $300 million. The partnership will integrate Nasdaq’s Calypso platform with Gemini’s custody and staking services. Despite reporting a net loss of $282.5 million in H1 2025, Gemini plans to debut on Nasdaq this Friday under ticker "GEMI," becoming the third U.S. publicly traded crypto exchange.