加密IPOS潮：双子座在其背面带有调节风的指控 - 2025年势头

加密IPO在2025年在监管支持和机构不断增长的兴趣推动了市场。双子座的IPO是关键时刻。

Crypto IPOs Surge: Gemini Leads the Charge with Regulatory Winds at Its Back – 2025 Momentum

加密IPOS潮：双子座在其背面带有调节风的指控 - 2025年势头

The crypto world is buzzing with IPO activity! Increased regulatory clarity and rising institutional interest are paving the way for companies like Gemini to go public.

加密世界正在随着IPO活动而嗡嗡作响！增加的监管清晰度和机构利益的上升是为双子座等公司公开铺平的道路。

The Crypto IPO Wave of 2025

2025年的加密IPO波

2025 is shaping up to be a banner year for crypto IPOs. The cryptocurrency market has seen a significant boost, with market capitalization soaring. This surge has led to a wave of crypto companies exploring public offerings to attract institutional investors. Circle, the issuer of USDC, set the stage earlier this year with a successful IPO, and Peter Thiel-backed Bullish followed suit. Now, all eyes are on Gemini.

2025年正在成为加密IPO的横幅一年。加密货币市场取得了重大的推动，市值飙升。这次激增导致了一波加密公司探索公共产品以吸引机构投资者。 USDC的发行人Circle在今年早些时候以成功的IPO和彼得·蒂尔（Peter Thiel）支持的看涨行为效仿。现在，所有人都注视着双子座。

Gemini's IPO: A Key Player Enters the Game

双子座的IPO：关键玩家进入游戏

Gemini, founded by the Winklevoss twins, is gearing up for its IPO on the Nasdaq. The company aims to offer millions of Class A common shares, potentially valuing the exchange at over $2 billion. This move positions Gemini as the third publicly traded centralized crypto exchange in the U.S., marking a significant step in the integration of crypto into mainstream finance.

由Winklevoss Twins创立的Gemini正在为纳斯达克省的IPO做准备。该公司的目标是向数百万个A类普通股提供，可能以超过20亿美元的价格评估该交易所。这一举动将双子座定位为美国第三次公开交易的集中加密交易所，这标志着将加密货币整合到主流金融中的重要一步。

While Gemini's revenue reached $142.2 million in 2024, it also faced a net loss of $158.5 million. Losses widened in the first half of 2025. These figures reflect Gemini’s investments in compliance, product development, and international expansion.

双子座的收入在2024年达到1.422亿美元，但净亏损也为1.585亿美元。损失在2025年上半年扩大。这些数字反映了双子座在合规性，产品开发和国际扩张方面的投资。

Regulatory Support: Fueling the Fire

监管支持：加油

This IPO boom is happening amidst a backdrop of increasing regulatory support. The SEC is shifting its approach, focusing on fostering innovation and providing clearer guidelines for digital assets. Initiatives like Nasdaq’s proposal to allow trading of tokenized securities are further integrating digital assets into traditional finance.

在增加监管支持的背景下，这种IPO繁荣正在发生。 SEC正在转移其方法，重点是促进创新并为数字资产提供更清晰的指南。纳斯达克（Nasdaq）提出的允许代币化证券交易的倡议正在将数字资产进一步整合到传统财务中。

Furthermore, a recent SEC ruling regarding XRP has boosted institutional interest in the crypto space. Gemini itself has secured a Markets in Crypto Assets (MiCA) license in Malta, expanding its reach into Europe.

此外，最近有关XRP的SEC裁决增强了对加密货币领域的机构兴趣。双子座本身已在马耳他获得加密资产（MICA）许可证的市场，并将其覆盖范围扩展到欧洲。

2025 Momentum: A Sign of Mainstream Adoption

2025年势头：主流采用的标志

The convergence of investor interest and regulatory clarity in 2025 is more than just a trend; it's a sign of mainstream adoption. With established financial institutions like Goldman Sachs and Morgan Stanley underwriting Gemini's IPO, the crypto industry is solidifying its place in the broader financial landscape.

2025年，投资者利益和监管清晰度的融合不仅仅是一种趋势。这是主流采用的标志。凭借高盛（Goldman Sachs）和摩根·史丹利（Morgan Stanley）的既定金融机构，Crypto行业正在巩固其在更广泛的金融景观中的地位。

Looking Ahead

展望未来

The success of Gemini's IPO will be a key indicator of market sentiment towards crypto. However, one thing is clear: the crypto industry is maturing, and 2025 is proving to be a pivotal year. So, buckle up, crypto enthusiasts! The ride's just getting started, and it looks like it's heading straight to Wall Street!

双子座IPO的成功将是对加密货币的市场情绪的关键指标。但是，有一件事很明显：加密货币行业正在成熟，而2025年被证明是关键的一年。因此，搭扣，加密爱好者！这次旅程才刚刚开始，看起来它正径直驶向华尔街！