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How to Use an AI Background Remover for ID and Passport Photos

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A slightly dark background, uneven lighting, or a blurry image is enough to have the passport application rejected. Visiting the studios was traditionally the best method, but it is no longer convenient or feasible.

That’s where modern AI tools come in. The AI Background Remover tool for ID and Passport Photos makes the process easy by automatically detecting the subject, clearing out distractions, and replacing the background as per your needs.

With just a few clicks, you can create photos that follow official rules and are ready for submission. The article breaks down the essential requirements for passport photos and explains how to use an AI background remover step by step.

Official Requirements for Passport Photos

Passport photo approval has particular guidelines that must be followed. From frame setting to expressions, everything has to be perfect. Here are a few things that usually matter the most.

  • Size and Dimensions: The standard passport photo size is usually 2×2 (51×51 mm). The picture may have to meet the specific pixel count, depending on the authorities.
  • Photo Recency: The passport photo must be taken within the last six months so that it is able to reflect the applicant’s current appearance.
  • Image Background: A clean and light colored background is a necessity for a passport photo. Typically, white and off-white work the best and are common among the applicants. Avoid shadows or textured walls.
  • Head and Framing: The head of the applicant should be at the center. Also, the face should cover 70-80% of the photo, and the shoulders must be visible. 
  • Expressions: A neutral expression works best for passport photos. Open eyes, closed mouth, no exaggerated smiles or pouts, tidy hair are the simple requirements.
  • Glasses and Coverings: As long as the doctor prescribes the glasses, you can use them, but ensure that the eyes are clearly visible and there is no glare on the eyes. Head coverings, but the full face must be clearly visible.

Though the list is picky, these rules exist to keep the passport photos consistent. Even a small glare or background is enough to hold up the application.

Using an AI Background Remover for Passport Photos

Getting a passport photo is not stressful anymore. Rather than worrying about getting the right background, frame, light, or rushing to the studio, you can simply take a picture at home and fix it with X Design’s AI photo editor.

It clears out the dark backgrounds and replaces them with the background of your choice as needed for the documents. The tool automatically detects the subject and makes changes to deliver a passport-ready picture. It also helps fix the lighting, resolution, edges, and more. Here is how the tool works:

1. Upload the Picture

Open the AI background remover tool and upload the passport-size photo you want to make changes to. Ensure you upload a bright and clear picture. Avoid blurry images, heavy shadow images as they can make the photo look less sharp.

2. Let the AI Clean it Up

In just a moment, the background will be cleared from the photo. The tool spots the subject on its own and keeps it in focus while everything else is removed. This way, there’s no need to spend time erasing edges or fixing details by hand.

3. Pick Plain Backdrop and Check for Framing

The tool automatically removes the background from your photo. On the left-hand side, there are custom background options to choose from. For the passport, you can choose a lighter color background, preferably white. Check if the photo is framed well and aligned at the center.

4. Save and Use It

Just save the photo when it looks good. You can download the image in JPG format or print it.

How AI Can Help with Other ID Photos

Background remover tools aren’t only for passports. The same process works for almost any type of ID that needs a clean, enhanced, background-free, and simple photo. Instead of taking new pictures for each document, one shot can be reused and adjusted.

Use Case How it Helps
Passport Photos Creates a plain, compliant background that meets official standards
Visa Applications Adapts one clear photo to different country-specific requirements
Student IDs Removes cluttered dorm/classroom backgrounds for a more professional appearance
Work Badges Provides a consistent look across all employee ID cards
Driver’s Licenses Delivers neat, well-framed photos ready for digital or print submission
Professional Profiles Enhances LinkedIn or company bios with a clean, polished photo
Event Passes Quickly prepares photos for conferences, expos, or other access badges
Membership Cards Simplifies the process of creating gym, club, or library cards with clear photos

Mistakes to Avoid in Passport Photos

Getting a passport photo is easy but small mistakes can get you rejected. Here are the common pitfalls to watch out for:

  • Clothing that matches the background: Avoid busy patterns that are the same as the backdrop, your face will be less visible.
  • Bad lighting: Shadows can distort your features and get the photo rejected. Natural light is the best.
  • Incorrect cropping: Make sure your head is centered correctly. Too much empty space or too tight cropping around your face can be a problem.
  • Wrong angles: Always take the photo straight on. Selfies or angled shots can make your face look distorted and may not meet the requirements.

Final Words

The X-Design AI background remover tool has replaced the traditional days when applicants used to book a studio appointment and spend a hefty amount for passport pictures. The tool makes even a photo taken at home professional, and that meets the official standards.

The results you get are quick and save both time and money. Meeting compliance when uploading passport images is important to avoid rejections and delays in formalities.

But with the right tool offered by X-Design, you can tweak even the slightest elements in your image and make them ideal for meeting compliance.

9 Explosive High-ROI Tokens to Watch — Featuring the Best Crypto Presale to Buy in 2025

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What happens when internet culture collides with financial markets at full throttle? The answer is simple yet electrifying, meme coins. From obscure beginnings to market-moving phenomena, these tokens have redefined how wealth can multiply in days rather than years. Each cycle brings fresh faces and unforgettable stories, reminding everyone that crypto’s beating heart thrives on creativity, hype, and a touch of chaos. With 2025 shaping up as one of the wildest years yet, investors are hunting the best crypto presale to buy, and the lineup is nothing short of legendary.

Standing tall at the center of this spectacle is BullZilla ($BZIL), a monstrous presale force destined to dominate headlines. With a progressive price engine that lifts every 48 hours or at each $100K milestone, the BullZilla Token doesn’t just promise returns, it scripts them like a blockbuster saga. In its early stages, this ERC-20 meme coin has already shattered expectations with over $300K raised and more than 1000 holders on board. Add in features like the Roarblood Vault, where loyalty and referral bonuses fuel continuous growth, and the case for early entry becomes irresistible. Bull Zilla stands out among icons like Dogecoin, Shiba Inu, Pepe, Pudgy Penguins, Official Trump, Bonk, SPX6900, and Floki.

With the BullZilla Presale now live, the timing couldn’t be sharper. Investors looking for the top presale tokens 2025 are turning their gaze toward this monstrous launch. The next 24 stages hold the potential for 1000x gains, and those who join this early presale crypto for maximum perks are setting themselves up for a ride that could echo Dogecoin’s billion-dollar saga. Let’s break down why BullZilla and its eight companions are among the best crypto presales 2025 and the best new crypto launches of the year.

1.  BullZilla ($BZIL): The Beast Awakens

The roar of BullZilla has already started rattling the presale jungle. Stage 2, titled “Dead Wallets Don’t Lie,” has become a proving ground for early investors. At a current price of $0.00003908, the presale tally has surged beyond $300,000, locking in the support of 1000+ holders. What makes these numbers roar louder is the ROI math: early joiners from Stage 2A are already up 579%, and projections to the listing price of $0.0052 suggest a staggering 13,388% return. Few presales in history have offered such clarity of potential upside, making BullZilla the best crypto presale to buy right now.

The mutation mechanism ensures that price escalations happen in two ways: either every 48 hours or instantly after each $100K raised. This mechanic creates urgency and scarcity, fueling the narrative of the best crypto presales 2025. Unlike static presales, the BullZilla Token doesn’t just sell—it evolves. Investors know exactly what’s at stake: wait too long, and the cost of entry mutates beyond reach.

Beyond mechanics, BullZilla has introduced a game-changer with the Roarblood Vault. Here, buyers who spend over $50 receive a 10% bonus, while referrers also pocket an additional 10% reward. This dual reward system flips the presale model into a community-driven flywheel, guaranteeing loyalty long after launch. It’s not just a purchase, its participation in a future that roars louder than the competition.

With 24 cinematic stages, roaring burn mechanics, and lore-driven branding, Bull Zilla doesn’t merely promise to be another meme coin. It’s positioned as the best crypto presale to buy in 2025, offering both mythic narrative energy and hard tokenomic precision. For anyone seeking exponential returns, the Bull Zilla Presale is not just an option, it’s the headline act.

2.  Dogecoin (DOGE): The Original Meme Crown

Before BullZilla Presale stormed the stage, Dogecoin was already writing the playbook. Born in 2013 as a parody of Bitcoin, Dogecoin transformed into the market’s beloved underdog. Fueled by community-driven energy and celebrity endorsements, most notably from Elon Musk, it became the blueprint for meme coin virality. At its peak, DOGE commanded a market cap exceeding $85 billion, rivaling established giants.

Dogecoin thrives on accessibility. With low transaction fees and a passionate online following, it evolved from a tipping currency into a cultural force. Its branding, centered on the Shiba Inu meme, reminds investors that narrative power often outweighs utility in crypto markets. However, the blockchain has also been adapting, with increased focus on integrating DOGE payments into real-world transactions.

So why is Dogecoin on this list of best crypto presale to buy contenders? Simple: no meme coin conversation is complete without the king. Its legacy proves that meme coins can break into mainstream adoption, paving the way for tokens like the BullZilla Token to follow. Dogecoin makes this list because it embodies the origin story every early presale crypto dreams of replicating.

3.  Shiba Inu (SHIB): The Decentralized Challenger

If Dogecoin is the king, then Shiba Inu is the rebellious prince. Dubbed the “Dogecoin Killer,” SHIB exploded in 2021 with an astronomical 46,000,000% surge, minting overnight millionaires. Unlike Dogecoin, Shiba Inu leaned heavily on decentralized finance, building an entire ecosystem including ShibaSwap and ambitions for metaverse integration.

Shiba Inu’s story is one of relentless community mobilization. With more than one million holders, SHIB has leveraged both retail hype and strategic development. Its massive supply has undergone burns to create scarcity, echoing BullZilla’s roar burn mechanism but at a different scale. Partnerships and ecosystem expansions keep Shiba Inu relevant in 2025, proving that meme coins aren’t confined to jokes, they can build utility-driven ecosystems.

Why does SHIB earn its spot? Because it highlights how new cryptocurrencies can transform into long-term ecosystems with staking rewards, decentralized exchanges, and real-world partnerships. Shiba Inu sets the benchmark for what BullZilla can evolve into, proving the strength of narrative combined with continuous development.

4.  Pepe (PEPE): The Frog Meme Revolution

Few launches in recent memory carried the same shockwave as Pepe (PEPE). Leveraging one of the internet’s most famous memes, PEPE stormed onto the market in 2023, reaching a multi-billion-dollar market cap within weeks. Its rise was as chaotic as it was meteoric, cementing its place in the history of meme coins.

Pepe’s success was built on pure narrative power. With no presale, no roadmap, and no grand promises, the community itself became the driver. Within days of its launch, traders realized that PEPE’s simplicity was its strength, it was pure degen energy, no strings attached.

Why is Pepe on this list of best crypto presales 2025? Because it demonstrates that even without structured tokenomics, meme culture can carry a coin to unfathomable heights. BullZilla’s structured presale echoes this energy but adds mathematical precision to its design. Pepe makes the list because it proves virality can be as powerful as fundamentals.

5.  Pudgy Penguins (PENGU): NFTs with Cultural Weight

In a market flooded with NFT collections, Pudgy Penguins stood out as a feel-good story of community redemption. Launched in 2021, this collection of chubby, cartoon penguins became a cultural staple, with mainstream partnerships and licensing opportunities. What makes Pudgy Penguins different is its transformation from digital art into a global brand.

By 2023, Pudgy Penguins toys were stocked in Walmart and licensed across major global retailers, proving NFTs can leap beyond digital walls. With tokenized ecosystems now entering the pipeline, Pudgy Penguins sits at the crossroads of collectibles and DeFi.

Why does it belong in this article? Because Pudgy Penguins bridges meme culture with mainstream adoption. It’s not just another token, it’s a global identity. As investors hunt for the best new crypto launches, projects like Pudgy Penguins show how community-driven tokens can evolve into cultural empires.

6.  Official Trump (TRUMP): Politics Meets Meme Finance

Official Trump (TRUMP) is a politically charged meme coin that has captured attention with its polarizing branding. It capitalizes on the global recognition of Donald Trump, offering supporters and critics alike a financial symbol to trade. Unlike traditional meme coins, TRUMP thrives on controversy, turning political theater into market volatility.

As an ERC-20 meme coin, TRUMP has managed to carve out a niche audience willing to buy into its branding. Its performance highlights how real-world figures and events can amplify crypto’s volatility, turning headlines into trade signals.

Why does TRUMP earn its slot among the top presale tokens 2025? Because it underscores the power of narrative. Just as Dogecoin drew strength from internet humor and BullZilla thrives on mythic storytelling, TRUMP shows that politics itself can fuel meme coin dynamics.

7.  Bonk (BONK): Solana’s Comeback Kid

In late 2022, Bonk (BONK) became the token that revived Solana’s community after a brutal bear market. Positioned as the first dog coin on Solana, BONK distributed free airdrops to thousands of wallets, instantly capturing attention. Its branding as a “community coin for the people” struck the right chord at the right time.

By 2023, BONK’s trading volume rivaled larger tokens, becoming a poster child for Solana’s resilience. With Solana regaining momentum in 2025, BONK continues to hold its ground as a meme coin with utility-driven partnerships in NFTs and DeFi protocols.

Why does BONK make the list of best crypto presale to buy? Because it proves timing and community sentiment can resurrect entire ecosystems. BONK shows that meme coins can be the heartbeat of layer-1 blockchains, much like BullZilla could become Ethereum’s loudest roar in 2025.

8.  SPX6900 (SPX): The Gamer’s Meme Coin

Born out of gamer culture, SPX6900 represents the absurdist humor and chaotic creativity of online communities. Its name itself is a nod to gaming memes, resonating with a younger, high-risk trading audience. SPX coins often trend on social media due to their outlandish branding and community-driven antics.

While not as established as DOGE or SHIB, SPX6900 thrives on relatability and the fast-paced humor that Gen-Z crypto traders love. Its liquidity pools and meme-driven campaigns make it a constant feature in degen portfolios.

Why is SPX included here? Because it embodies the raw, chaotic energy of best new crypto launches. Every presale dreams of SPX-style virality, and BullZilla’s lore-based mechanics could amplify that formula even further.

9.  Floki (FLOKI): Musk’s Meme Legacy

Named after Elon Musk’s Shiba Inu, Floki leveraged celebrity connections to become one of the fastest-growing meme coins. With aggressive marketing campaigns, including sponsorships with sports teams—FLOKI embedded itself into both crypto culture and mainstream media.

Beyond branding, FLOKI has pursued real utility with its Valhalla Metaverse, staking programs, and educational initiatives. Unlike many meme coins, FLOKI has emphasized building a long-term ecosystem. Its blend of meme energy and serious development gives it credibility that many others lack.

Why does FLOKI make this list? Because it highlights how meme coins can mature into ecosystems. As investors hunt for the best crypto presale to buy, FLOKI serves as proof that humor and utility can coexist.

Conclusion: A Roar That Defines 2025

Based on the latest research, BullZilla, Dogecoin, Shiba Inu, Pepe, Pudgy Penguins, Official Trump, Bonk, SPX6900, and Floki form the ultimate lineup for anyone hunting the best crypto presale to buy this year. Each represents a unique narrative, but Bull Zilla stands apart with its mutation presale, Roarblood Vault, and projected 1000x gains.

Presales are more than speculative plays, they’re gateways to generational wealth creation. Nations are building Bitcoin reserves; communities are building meme coin empires. For those seeking to ride the next wave, the BullZilla Presale offers a roaring entry point into what could be the best crypto presales 2025.

It’s not a launch. It’s a mutation. The market just got louder. Join the BullZilla Token presale now.

For More Information:

BZIL Official Website

Join BZIL Telegram Channel

Follow BZIL on X  (Formerly Twitter)

Frequently Asked Questions for Best Crypto Presale to Buy in 2025

What makes BullZilla unique among 2025 presales?

Its progressive mutation presale, 24 cinematic stages, Roarblood Vault, and 1000x ROI potential.

Why are meme coin presales attractive to new investors?

They offer exponential upside at low entry prices, leveraging hype and community culture.

How risky are meme coin presales like BullZilla?

All presales carry risk, but structured mechanisms like BullZilla’s progressive price engine add predictability.

Which other meme coins are strong contenders in 2025?

Dogecoin, Shiba Inu, Pepe, Pudgy Penguins, Official Trump, Bonk, SPX6900, and Floki.

How do referral rewards benefit BullZilla holders?

Buyers spending $50+ get 10% bonus, and referrers earn 10%, fueling loyalty growth.

What is the projected ROI for BullZilla presale holders?

From Stage 2B to listing, the ROI could exceed 13,388%.

How do countries joining Bitcoin reserves affect meme coins?

It normalizes crypto adoption, pushing more retail investors toward speculative plays like meme coins.

Glossary

  • Progressive Presale: A presale where token price increases at fixed milestones.
  • Token Burn: Permanent removal of tokens to create scarcity.
  • HODL Furnace: Staking rewards system in BullZilla.
  • ERC-20: Ethereum’s token standard.
  • Referral System: Reward model where buyers and referrers earn bonuses.
  • Roarblood Vault: BullZilla’s loyalty and referral reward system.
  • Staking APY: Annualized return from staking tokens.
  • Supply Scarcity: Reduced availability of tokens, driving higher prices.
  • Community Vesting: Structured release of tokens to holders over time.
  • Ethereum Smart Contracts: Code-based agreements powering decentralized apps.

Disclaimer

This article explores the best crypto presale to buy in 2025, spotlighting nine explosive projects led by BullZilla ($BZIL). Known for its mutation presale, progressive price engine, and Roarblood Vault rewards, BullZilla projects ROI potential of over 13,000% and positions itself as the standout launch of the year. Alongside it, established and emerging meme coins like Dogecoin, Shiba Inu, Pepe, Pudgy Penguins, Official Trump, Bonk, SPX6900, and Floki illustrate the diverse ways narrative and community drive crypto adoption. The article unpacks tokenomics, market history, and cultural impact, showing why these projects dominate the list of top presale tokens 2025. It concludes with a cinematic call to action for investors to join BullZilla’s live presale for maximum advantage.

Cardano vs Avalon X: Research Chain Meets Real-Estate-Backed RWAs

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Cardano has been positioned as a research-led blockchain emphasizing scalability, sustainability, and peer-reviewed innovation for many years now. Cardano price stands at $0.8670, reflecting a 4.94% increase in the past 24 hours.

However, 2025’s biggest question for the investor is no longer just one of blockchain digital ecosystems like Cardano but if blockchain real estate ventures 2025 like Avalon X (AVLX) are the next frontier. That introduces the growing Avalon X vs Cardano debate.

Cardano Price Prediction: ADA’s Current Outlook

Cardano has set itself up as a research-based blockchain, creating its network based on research and careful development. Interoperability and sustainability as its focus set it firmly in the position of one of the top altcoins. The rise in Cardano price is due to renewed interest, especially as ADA continues to enhance its staking and dApp network.

Source: Tradingview.com

Cardano still holds its ground, no doubt, but the story heading into 2025 feels like it’s changing. This is coming amidst different Cardano price predictions, a significant prediction is one by Ali Martinez, who believes that Cardano is breaking out toward $0.92.

Source: AliCharts on X

More and more investors are drifting toward real-world asset tokens, the kind that tie blockchain to things you can actually see or touch, not just numbers on a screen.

That’s why the Avalon X vs. Cardano comparison keeps popping up. Cardano leans on years of research and carefully planned upgrades; it’s the academic, steady approach. Avalon X, on the other hand, is dangling a direct link to the $379 trillion real estate market.

The Rise of Avalon X and RWA Tokenization

Most crypto projects live entirely in the digital world, but Avalon X is trying something more tangible. Instead of another abstract token, it’s tying value to Grupo Avalon’s almost $1 billion real estate pipeline in the Dominican Republic.

That means investors aren’t just buying into hype; they’re getting fractional access to  blockchain real estate projects and luxury residences that actually generate income. For that reason alone, it’s already being talked about as one of the best real estate backed cryptocurrency.

What makes Avalon X interesting is how it blends blockchain’s promise of transparency with the security of real estate. If you put it side by side with something like Cardano, the difference is clear.

Avalon X, is throwing open the door to immediate exposure in physical assets. Investors looking for the best RWA tokens 2025 are finding AVLX coin as an alternative option.

Why Investors Are Taking Notice

Physical real-world foundations – Grupo Avalon’s pipeline of properties gives Avalon X a solid and income-generating base, distinguishing it from speculation.

  • Global availability – This tokenized property crypto enables investors worldwide to access luxury real estate markets that were previously inaccessible for institutions.
  • Security assured Audited by CertiK, smart contracts ensure transparency, giving Avalon X the legitimacy of one of the best RWA tokens 2025.
  • Reward-based utility – AVLX holders experience discounts, accommodations, and advantages on Grupo Avalon’s developments, equating to lifestyle benefits as opposed to appreciation in price.
  • $1 Million Crypto Giveaway – A headline presale raffle of AVLX tokens in addition to a townhouse being given away in the Eco Avalon development has led to increased investor interest.

Eco Avalon Townhouse Giveaway

A blend that works to explain why real estate blockchain projects 2025 like Avalon X are dominating the talks earlier on about ADA and other legacy altcoins.

What This Means for Cardano

Cardano price increase is proof of ADA’s power, but its appreciation remains within the virtual sphere of blockchain. Avalon X, one of the best RWA tokens 2025, on the other hand, is making waves by pairing finance with physical assets. The Avalon X vs Cardano conflict represents an even broader trend: investors want exposure to not just blockchain networks but also physical wealth markets.

For ADA, the test will be maintaining its position as money pours into leading crypto backed by real world assets. Cardano’s fantasy is no more than a breath away from being extinguished, yet projects like Avalon X show where investor appetite and liquidity is going to move more and more.

Secure Your Stake in Real-World Crypto Growth

The crypto landscape in 2025 is no longer a landscape about hypothetical networks or meme fever. It’s about real estate blockchain projects 2025 that bring blockchain back down to earth. The Cardano price will still be significant to ecosystem believers, but Avalon X is an entirely new genre: property-backed, utility-driven wealth creation.

For investment between Avalon X and Cardano, the decision is straightforward — Avalon X token is one of the best RWA tokens 2025, with validity, lifestyle ease, and global accessibility.

Join the Community

Website: https://avalonx.io

$1M Giveaway: https://avalonx.io/giveaway

Telegram: https://t.me/avlxofficial

X: https://x.com/AvalonXOfficial

 

Score The Penalty Kick With Tekedia Mini-MBA As We Begin on Monday

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Imagine the thrill of a perfectly aimed penalty kick. Yes, that moment of precision, power, and ultimate goal, to win a trophy. That’s the same feeling you’ll get when you equip yourself with the knowledge and skills from Tekedia Mini-MBA, propelling your career and business towards undeniable success.
 
The Tekedia Mini-MBA Edition 18 is a dynamic 12-week online innovation management program, meticulously designed to elevate your understanding of business execution and growth, all within a crucial digital framework. Running from September 15 to December 6, 2025, this program delivers goals.
 
Good People, it is injury time as we begin on Monday, Sept 15, and you must kick the penalty. Register and score with us here.

Gemini Secures Nasdaq as Strategic Investor Ahead of IPO, Eyes Tokenized Securities Future

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Gemini, the cryptocurrency exchange founded in 2014 by Cameron and Tyler Winklevoss, has brought Nasdaq on board as a strategic investor just days before its long-awaited initial public offering.

CNBC confirmed that Nasdaq will inject $50 million into Gemini in a deal that extends far beyond capital, creating a partnership that links one of Wall Street’s most established names with one of crypto’s most recognizable firms.

Under the agreement, Nasdaq will integrate Gemini’s custodial services into its offerings for institutional clients. In return, Gemini will serve as a distribution partner for Nasdaq’s trade management platform, Calypso, a system designed to handle collateral management across both traditional and digital assets.

“This partnership positions us to expand our capabilities to serve institutional clients and the broader investor universe as the regulatory landscape around crypto assets evolves,” a Nasdaq spokesperson told CNBC. “We will partner with Gemini on a non-exclusive basis as part of a broader strategy to offer multi-custodial and staking services for crypto assets. Additionally, we will work with Gemini as a distribution partner for Nasdaq Calypso.”

Nasdaq emphasized that its collaboration with Gemini follows the same model it uses for most of its venture investments through Nasdaq Ventures.

IPO and Market Timing

The strategic investment is separate from Gemini’s IPO plans, which are set for this Friday. The company aims to raise up to $317 million in its debut on the Nasdaq exchange — a milestone that would make it one of the most high-profile crypto listings since Coinbase’s blockbuster entry into public markets in April 2021.

Gemini currently manages over $21 billion in assets as of July, underscoring the scale it has achieved despite the turbulence of the crypto market in recent years.

Coinbase Comparison: A Cautionary Backdrop

Coinbase’s 2021 IPO, which briefly valued the exchange at more than $100 billion, was hailed as crypto’s coming-of-age moment on Wall Street. But the euphoria was short-lived. The stock has since endured extreme volatility, with its valuation collapsing during the 2022 crypto winter, a period marked by the collapse of TerraUSD, the bankruptcy of FTX, and a sharp regulatory crackdown.

Analysts point out that Gemini’s IPO comes at a far different moment in the crypto cycle. While Coinbase rode a wave of bullish sentiment and retail speculation, Gemini is entering the market in a more sober climate — one shaped by heightened SEC scrutiny, ongoing debates over crypto regulation, and growing demand for institutional-grade infrastructure rather than speculative trading. There is also a wholesome backing of the Trump administration.

This distinction could help Gemini position its IPO as more stable and strategically grounded, particularly with the endorsement of Nasdaq, a partnership that Coinbase never had at launch. Still, investors will be watching closely to see if Gemini can avoid the post-IPO turbulence that dented Coinbase’s trajectory.

Regulatory Edge and Tokenization Push

The timing of Nasdaq’s stake comes as it seeks a larger role in digital markets. On Monday, the exchange filed a proposal with the Securities and Exchange Commission (SEC) to request a rule change that would permit the trading of tokenized stocks and exchange-traded products (ETPs).

If approved, Nasdaq could become the first major traditional exchange to allow trading of tokenized securities, a development that would blur the lines between conventional finance and blockchain-based markets.

Tokenization — the process of issuing digital representations of real-world assets such as stocks, bonds, or commodities on a blockchain — has been heralded as a potential breakthrough for financial markets. It allows for fractional ownership, faster settlement, and broader access to investment products. However, holders of tokenized assets do not have direct ownership of the underlying securities, making regulatory clarity crucial.

Nasdaq is effectively bridging traditional finance with blockchain-based services at a time when institutional interest in crypto infrastructure is rising by bringing Gemini closer into its ecosystem.  Analysts note that this positions Nasdaq to compete not just with other stock exchanges, but with firms like Coinbase and Fidelity that are building end-to-end digital asset services.

The backing of Nasdaq provides Gemini with credibility and a pathway to institutional expansion at a moment when regulatory scrutiny on crypto exchanges remains intense. In contrast to Coinbase’s flashy Wall Street debut, Gemini appears to be framing its public offering as a strategic, institutionally anchored step into the future of tokenized markets.