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Gemini Files for IPO Amid Crypto Rush, Concerns of Bubble Linger
Manage episode 501422913 series 3645668
Another cryptocurrency exchange seeks to join the public markets. Gemini filed for an IPO a few days ago and will be the third company of its kind to debut over the past few months if it's approved. Samuel Kerr says the company and others like it have gained traction as investors seek to rotate out of Big Tech and into other A.I. and cryptocurrency "winners." However, Samuel underscores a bearish case developing in a possible crypto bubble resembling that of internet stocks in the dot com era.
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6982 episodes
Manage episode 501422913 series 3645668
Another cryptocurrency exchange seeks to join the public markets. Gemini filed for an IPO a few days ago and will be the third company of its kind to debut over the past few months if it's approved. Samuel Kerr says the company and others like it have gained traction as investors seek to rotate out of Big Tech and into other A.I. and cryptocurrency "winners." However, Samuel underscores a bearish case developing in a possible crypto bubble resembling that of internet stocks in the dot com era.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
6982 episodes
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