Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC for an initial public offering (IPO), advancing the wave of crypto companies entering the public market. The exchange intends to list on the Nasdaq Global Select Market under the ticker symbol GEMI. Specific details about the number of shares or pricing for the offering have not yet been disclosed, nor is there a timeline for the IPO. Goldman Sachs, Citigroup, and Morgan Stanley are among the lead bookrunners for the public offering. The marketplace has shown significant interest in crypto IPOs recently, notably with Circle's stock rising dramatically post-IPO. Additionally, the price of shares from crypto exchange Bullish soared over their offering price following their debut, demonstrating strong demand for digital asset-based companies. The recent regulatory environment around cryptocurrencies has improved after legislative actions, indicating a growing acceptance of cryptocurrency firms in the financial landscape.

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