Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC for a public offering. This announcement comes shortly after the IPO of USDC issuer Circle, which saw significant share price increases shortly after trading began. Gemini's IPO will be listed on the Nasdaq under the ticker symbol GEMI, but no share details or expected timelines have been disclosed. Major financial institutions including Goldman Sachs and Citigroup are involved as lead bookrunners for the IPO. This move signals a continued interest in cryptocurrency-related public offerings, as evidenced by the successful launch of Bullish, another crypto exchange, which saw its shares triple shortly after its IPO. The regulatory landscape for cryptocurrencies has also improved under the current U.S. administration, further encouraging such ventures.

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