Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a planned initial public offering.

Metaplanet, a publicly traded firm in Tokyo, plans to raise $5.3 billion through a record-setting stock warrant issuance to significantly increase its bitcoin holdings. 

Argentina’s anti-corruption watchdog has cleared President Javier Milei of wrongdoing in connection with his public support for the cryptocurrency Libra, ending an internal ethics probe into the so-called “Cryptogate” scandal that roiled local media earlier this year.

Top stories in the Crypto Roundup today:

• Gemini Files Confidential IPO Paperwork With SEC
• Metaplanet to Raise $5.3B in Japan’s Largest Warrant Deal to Expand Bitcoin Holdings
• Argentina Clears President Javier Milei in Crypto Promotion Ethics Probe

Gemini Files Confidential IPO Paperwork With SEC

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a planned initial public offering.

The filing, made through a draft registration statement on Form S-1, signals Gemini’s intention to list its Class A common stock. 

While the company has not disclosed how much it plans to raise or at what valuation, the move puts it on track to join a small but growing list of crypto-native firms trying to secure a spot on public markets.

Earlier this week, stablecoin issuer Circle began trading on the New York Stock Exchange. Its stock jumped more than 260% from its IPO price on the first day of trading.

Metaplanet to Raise $5.3B in Japan’s Largest Warrant Deal to Expand Bitcoin Holdings

Metaplanet, a publicly traded firm in Tokyo, plans to raise $5.3 billion through a record-setting stock warrant issuance to significantly increase its bitcoin holdings. 

The company said it will issue 555 million shares through acquisition rights, making it the largest such offering ever in Japan.

Most of the funds will go directly toward purchasing bitcoin. The company has set a goal of holding more than 210,000 BTC by 2027, a figure that would represent roughly 1% of bitcoin’s total supply. The remaining funds will be used for debt redemption and income-generating trades like selling put options.

Argentina Clears President Javier Milei in Crypto Promotion Ethics Probe

Argentina’s anti-corruption watchdog has cleared President Javier Milei of wrongdoing in connection with his public support for the cryptocurrency Libra, ending an internal ethics probe into the so-called “Cryptogate” scandal that roiled local media earlier this year.

The Office of Anti-Corruption (OA) concluded that Milei’s now-deleted post on X, which touted the Libra ($LIBRA) token as a tool to help small businesses, was made in a personal capacity and did not constitute official government activity. 

The report stated that the post did not involve state funds or create any formal policy direction.

Milei had launched the probe himself in February after the token surged past a $2 billion market cap before crashing by 90%, prompting allegations of misconduct and calls for impeachment from political opponents. 

The president’s office said the investigation was intended to assess “whether there was improper conduct on the part of any member of the National Government, including the President himself.”

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