Gemini, the New York-based cryptocurrency exchange, announced its plans to go public by filing a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission. This decision came shortly after Circle, the issuer of USDC, made a significant debut on the New York Stock Exchange, where its shares skyrocketed in value. The Winklevoss twins, Cameron and Tyler, the founders of Gemini, have seen increased interest in the company since the favorable regulatory environment under the new administration. They are looking to capitalize on the current bullish trend in the crypto market following Circle's successful IPO, which saw the stock quadruple in price, highlighting the growing momentum for public crypto companies. The exchange has positioned itself as a key player in the industry, generating optimism for its future as more firms seek public listing.

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