Nasdaq Invests $50 Million in Gemini to Boost Institutional Crypto Services

Nasdaq is making a strategic move in the cryptocurrency space by investing $50 million in Gemini, the crypto exchange and custodian founded in 2014 by Cameron and Tyler Winklevoss. This partnership will see Nasdaq utilize Gemini's industry-leading custodial services to better serve its financial institution clients. Additionally, Gemini will take on the responsibility of distributing Nasdaq's trade management system, Calypso, which is well-regarded in institutional trading circles.

Gemini is gearing up for an initial public offering (IPO) on Nasdaq, aiming to raise up to $317 million. This move further solidifies Gemini's position in the market, where it currently manages over $21 billion in assets as of July 2025.

The collaboration between Nasdaq and Gemini is designed to expand Nasdaq's capabilities in catering to institutional investors and to anticipate the changing regulatory environment surrounding cryptocurrencies. Nasdaq's recent filing with the SEC to enable trading of tokenized stocks and exchange-traded products underscores its commitment to innovation in the crypto sector.

For those looking to enter the crypto market or expand their holdings, platforms like Bitlet.app offer innovative solutions such as Crypto Installment services, allowing users to buy cryptocurrencies now and pay monthly, rather than making a full payment upfront. This approach can be especially beneficial for investors aiming to build positions gradually while managing cash flow.

Stay tuned as this partnership between two industry leaders could shape the future of institutional crypto investment and trading.