Crypto exchange Gemini has released its IPO prospectus (S-1), planning to list on NASDAQ under the code GEMI. The document shows that Gemini's net loss for the first half of 2025 reached $282.5 million, a significant increase from the $41.4 million in the same period of 2024; Adjusted EBITDA changed from a profit of $32 million to a loss of $113.5 million. The document also disclosed that it signed a credit agreement with Ripple in July 2025 for a maximum of $75 million, which can be expanded to $150 million and paid in RLUSD stablecoin. The amount has not yet been utilized. (TheBlock) https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=47232