Crypto Exchange Gemini has appointed a new financial director because he positions himself for a potential initial public offer.
The last rental of the company, Dan Chen, who previously was vice-president of the capital markets at A, announced this decision in an article on social networks.
“Crypto is the most dynamic sector of finance and Gemini are at the forefront of this revolution – which makes it simple and secure to engage on the border of digital assets,” wrote Chen in the post.
Chen will work alongside the co-founders of Gemini Cameron and Tyler Winklevoss to help develop the business. The time of rental is aligned with the indicated ambitions of Gemini for an IPO, which would give better access to capital while subjecting the company to the transparency requirements of public procurement.
Read more: Billionaire Winklevoss, Gemini supported by twins, has posed confidentially for an introduction to the American stock market: Bloomberg
If Gemini does before with the public rating process, he will be part of a small but increasing number of crypto-native companies which envisage an IPO in American scholarships, notably Kraken, Circle, Bulsh (Parent Company of Coindesk) and Blockchain.com
Gemini has not officially confirmed his IPO plans, but the appointment of a CFO with a large experience of the financial strategy suggests that preparations can be in progress.
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