Gemini, a prominent cryptocurrency exchange backed by the billionaire Winklevoss twins, has recently embarked on a significant move towards going public. The platform marked its ambitions through a confidential submission to the U.S. Securities and Exchange Commission (SEC), seeking an initial public offering (IPO). This strategic maneuver aligns with the current bullish sentiment surrounding digital currencies and related sectors, especially following the remarkable debut of stablecoin issuer Circle Internet Group Inc $CRCL.

Novo Banco SA has reached a defining moment following shareholder approval of essential actions linked to a possible initial public offering. The recent annual meeting’s agenda included authorizing the introduction of bank shares to the stock exchange and revising the institution’s bylaws. These initiatives lay the legal and organizational foundation for a stock market entry, positioning Novo Banco as a significant contender for the first major Portuguese IPO in four years.

Latest figures reveal that Tesla Inc. $TSLA continues to face substantial headwinds in the French electric car market. According to automotive association Plateforme, deliveries in May dropped to just 721 new vehicles, plunging by 67% compared to the same month last year. This reading marks the weakest monthly result since July 2022, challenging CEO Elon Musk’s earlier assertions that the electric vehicle manufacturer had bounced back from a sluggish start to the year.