Gemini Surpasses Coinbase in App Store Rankings as IPO Discussions Heat Up

Gemini Surpasses Coinbase: American cryptocurrency exchange Gemini has overtaken Coinbase in the U.S. App Store's financial application rankings, now positioned 11th compared to Coinbase's 20th.

Launch of XRP Credit Card: Gemini introduced an XRP edition of its credit card, offering users up to 4% back in XRP instantly, in collaboration with Mastercard and Ripple Labs.

Trading Volume Comparison: Despite Gemini's app ranking success, Coinbase maintains a significant lead in trading volume, with over $4.54 billion in daily transactions compared to Gemini's $382.49 million.

Upcoming IPO: Gemini filed for an initial public offering (IPO) on Nasdaq under the ticker symbol GEMI on August 16, indicating future growth plans for the exchange.