Gemini's IPO Amid Losses and Expanding Crypto Industry Developments

Gemini, a well-known cryptocurrency exchange, launched its Initial Public Offering (IPO) in 2025 despite reporting a net loss of $282.5 million in the first half of the year—a sharp increase compared to the $41.4 million loss during the same period last year. Additionally, Gemini faced declining revenue and tripled marketing expenses. This contrasts with competitors like Coinbase, Circle, and Bullish, which have recently reported profitability or successful IPOs.

Beyond company performances, the crypto landscape is undergoing significant changes. The grassroots movement Stand With Crypto has sent over 12,500 emails to Congress advocating for digital asset regulation, reaching over 80% of legislators—highlighting growing political engagement from the community.

In a regulatory update, the Federal Reserve announced the termination of its Novel Activities Supervision Program, which ends enhanced oversight on bank crypto activities. Meanwhile, Japan approved a yen-backed stablecoin, signaling expanding global acceptance of digital currencies.

Further highlighting industry growth, Figure Technology has filed to go public, continuing the trend of crypto companies tapping into traditional capital markets.

For crypto investors looking to navigate these changes, platforms like Bitlet.app provide unique opportunities. Bitlet.app offers a Crypto Installment service, allowing users to purchase cryptocurrencies now and pay monthly instead of making full payments upfront. This feature helps ease entry into crypto investments during volatile or uncertain market conditions.

Stay informed and leverage tools like Bitlet.app to enhance your participation in the evolving cryptocurrency ecosystem.