Gemini, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC for an initial public offering (IPO) on Nasdaq under the ticker GEMI. This follows a recent trend of crypto exchanges going public amid increasing interest. The exact number of shares and price range for the IPO have not been disclosed, nor has a timeline for its launch been provided. Major financial institutions like Goldman Sachs and Citigroup are involved as lead bookrunners alongside Cantor. This announcement comes on the heels of Circle's successful IPO, which saw its shares surge shortly after listing. Gemini's filing reflects a positive trend for crypto firms seeking public investment, particularly after the SEC's regulatory environment has improved recently, with less fierce scrutiny of crypto markets. The growing appetite for crypto IPOs was further demonstrated by the recent performance of Bullish, another exchange that saw its shares surge after going public, indicating a robust investor interest in this space.

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