Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to go public. This announcement comes two months after a confidential filing with the regulator. The exchange plans to list on the Nasdaq Global Select Market under the ticker GEMI. Currently, details about the number of shares and price range are yet to be determined, and no specific timeline for the IPO has been disclosed. Notably, this move follows the successful IPO of USDC stablecoin issuer Circle, which saw its share price triple shortly after its launch. Additionally, Bullish, another crypto exchange, experienced a significant surge in its stock price after going public, demonstrating robust interest in crypto IPOs. The regulatory landscape for cryptocurrencies has improved under the current administration, easing operations for firms like Gemini. The IPO will be underwritten by major financial institutions, highlighting the continuing institutional interest in the cryptocurrency sector.

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