Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC for an initial public offering (IPO). This move comes shortly after a successful IPO by Circle, the issuer of the USDC stablecoin. While specific details such as the number of shares and price range are still pending, Gemini aims to be listed on the Nasdaq under the ticker symbol GEMI. The company has engaged Goldman Sachs, Citigroup, Morgan Stanley, and Cantor as lead bookrunners for the process. Gemini's IPO reflects a growing trend of interest in cryptocurrency companies going public, particularly after Bullish, another crypto exchange, saw its stock triple in value shortly after its own listing. This surge in crypto IPOs comes in the wake of improved regulatory conditions for the industry, noted since the return of President Trump to office, which has resulted in decreased sanctions against crypto firms. The developments of Gemini's IPO and others in the sector highlight a significant moment for digital asset companies as they seek more substantial market presence.

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