Crypto Exchange Gemini has appointed a new CFO as it positions itself for a potentially preliminary public offer.
The company’s latest rent, Dan Chen, who previously served as Vice President of Capital Markets at Afficre, announced the move in a social media post.
“Crypto is the most dynamic sector in funding, and Gemini is at the forefront of this revolution – making it simple and safe to engage in Digital Asset Frontier,” Chen wrote in the position.
Chen will work with Gemini-co-founders Cameron and Tyler Winklevoss to help scale the company. The timing of the rent is in line with Geminis reported ambitions for a stock exchange listing, which would give greater access to capital while the company is exposed to the transparency requirements in the public markets.
Read more: Billionaire Winklevoss Twins-supported Gemini Confidential Submitted to an American IPO: Bloomberg
If Gemini is moving forward with the public listing process, it will be part of a small but growing number of crypto-native companies considering a stock exchange listing in the US stock exchanges, including Kraken, Circle, Bullish (parent company in Coindesk) and Blockchain.com
Gemini has not formally confirmed its IPO plans, but the appointment of a CFO with long experience with financial strategy suggests that preparations may be underway.
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