Gemini Files for IPO: New Opportunities for Crypto Exchanges
Cryptocurrency exchange Gemini, founded by the Winklevoss brothers, has filed a confidential application for an initial public offering (IPO). This was reported by sources close to the company and published in Bloomberg.
The company is working with major investment banks such as Goldman Sachs and Citigroup. Previously, Gemini’s management planned to go public in 2025. However, according to recent reports, the plans remain in place, and the company intends to conduct its IPO this year.
Growing Interest of Crypto Companies in IPOs
With Donald Trump taking office and leadership changes in several government agencies, interest among crypto companies in public offerings has significantly increased. This is due to expectations of more favorable regulations for the cryptocurrency industry.
In particular, Kraken plans to conduct an IPO in the first quarter of 2026. Previous attempts by the company to attract investors were unsuccessful due to regulatory pressures. However, given the current market changes, the likelihood of a successful listing has significantly increased.
1inch Team Identifies Vulnerability in Outdated Fusion v1 Smart Contract
1inch specialists have identified a vulnerability in the outdated Fusion v1 smart contract. Due to this issue, losses amounting to 2.4 million USDT and 1,276 wETH—approximately $2.7 million—were recorded, according to SlowMist.
On the same day, suspicious transactions related to the platform were detected. Representatives of 1inch stated that end-user funds were not affected. The losses only impacted parsers using Fusion v1.
> “We are actively engaging with affected parties to secure their systems. We urge all developers to immediately review and update their contracts,” the 1inch team stated.
Leadership Changes in Avalanche Could Negatively Impact Token Price
The departure of three board members from Avalanche may impact investor confidence and ecosystem stability.
The Avalanche ecosystem is going through a challenging period as three board members have resigned. Omer Demirel, Aytunc Yildizli, and Vikram Nagrani have left the boards of Avalanche Foundation and its subsidiaries. Their decision, described as “well-considered,” has led to structural leadership changes.
Despite their departure, they expressed support for Avalanche’s continued development. Meanwhile, the AVAX token is struggling, experiencing significant price declines over the past week and testing key support levels.
Amid growing interest in IPOs among cryptocurrency companies, leadership changes in major blockchain projects, and the discovery of critical smart contract vulnerabilities, the cryptocurrency market continues to demonstrate high volatility.
Gemini’s public listing could become a milestone for the industry, opening new opportunities for investors. However, events such as technical issues at 1inch and uncertainty in Avalanche’s leadership highlight that the crypto market remains unstable and requires close monitoring by participants.
In the coming months, further developments may influence overall investor sentiment and the broader digital asset market.
