On June 6, Gemini, the crypto exchange founded by the Winklevoss twins, has officially taken its first step toward going public by submitting a draft registration statement on SEC Form S-1 for a proposed IPO of its Class A common stock. Will Gemini announce its IPO launch date by the end of Q3 2025?

Market dates

• Market Closing: September 30, 2025, at 11:59pm EDT.
• Market Period: This market covers announcements made between the market publication and its closing date.
• Resolution Deadline: October 1, 2025, at 11:59 PM EDT, or earlier if the outcome is determined during the market period.

Yes/No Criteria:

• The market resolves to “Yes” if Gemini publicly announces a specific IPO launch date (including both day and month) during the Market Period, even if the IPO date itself is scheduled for after Q3.
• The market resolves to “No” if no such announcement is made by the end of the Market Period.
• Vague statements, rumors, or announcements without a concrete date do not count.

Resolution:

The outcome will be determined based on official press releases published on PR Newswire or via other official Gemini channels. Only clear, direct announcements from Gemini specifying the IPO date will be considered valid for resolution.

Cancellation (Invalidity) Conditions

This market will be canceled if:

• No official press releases or credible announcements are available from PR Newswire regarding Gemini’s IPO by the resolution deadline.
• Any major change or event makes it impossible or unreliable to resolve the market based on the stated criteria.

In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.