Catenaa, Tuesday, March 25, 2025 – Cryptocurrency exchange Gemini has appointed Dan Chen as its new chief financial officer, fueling speculation that the company may be preparing for an initial public offering.
Chen, who previously held leadership roles at Affirm, MetLife Investments, and Morgan Stanley, announced his new position Monday on social media platform X.
“Crypto is the most dynamic sector in finance, and Gemini is at the forefront of this revolution—making it simple and secure to engage on the digital asset frontier,” Chen wrote.
His appointment comes as Bloomberg reported that Gemini is considering going public sometime this year. The company, founded by Cameron and Tyler Winklevoss, has not confirmed the report but has been actively engaging with policymakers under the new Trump administration.
The Winklevoss twins recently attended a crypto summit at the White House, where Cameron Winklevoss took aim at regulatory challenges under the Biden administration. He praised what he called a more favorable stance under the current leadership.
Last month, Gemini received notice that the Securities and Exchange Commission had dropped its investigation into the company, signaling a broader shift in crypto regulation.
The exchange had previously agreed to pay $5 million to settle a case with the Commodity Futures Trading Commission over misleading statements.
Chen said he looks forward to shaping Gemini’s financial strategy as it enters “its next phase of growth.”
