Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to go public. The exchange plans to list on the Nasdaq Global Select Market under the ticker GEMI. While the number of shares and pricing details are yet to be disclosed, several major banks including Goldman Sachs and Citigroup will serve as lead bookrunners. This filing follows the recent success of Circle's IPO and indicates strong market interest in crypto-related public offerings. Bullish, another cryptocurrency exchange, has also seen its shares triple on the first day of trading. This boom in IPOs comes amid a more favorable regulatory environment for cryptocurrencies, especially after recent regulatory actions against crypto firms have been relaxed under the new administration. The sustained demand for crypto investments sets the stage for Gemini’s upcoming public offering and highlights an increasing institutional appetite for digital asset companies.

Source đź”—