CryptoCredit
Ripple Extends $75 Million Credit Line to Gemini Ahead of IPO Launch
Ripple has announced a $75 million credit line to support Gemini's upcoming IPO on Nasdaq under the ticker GEMI. This financial boost aims to strengthen Gemini amid trading volume declines and regulatory challenges. The deal also includes a new USD-backed stablecoin, RLUSD, offering innovative borrowing options.
Published at 2025-09-02 08:06:53