Gemini, the cryptocurrency exchange established by Tyler and Cameron Winklevoss, has officially filed with the SEC for an initial public offering (IPO). The planned listing will occur on the Nasdaq Global Select Market under the ticker symbol GEMI. Details on the number of shares and pricing remain undisclosed, and a timeline for the IPO is also not specified. Leading institutions like Goldman Sachs and Morgan Stanley are set to serve as bookrunners for this offering. The news follows the successful IPO of Circle, the issuer of the USDC stablecoin, whose shares saw a significant increase shortly after trading commenced. Recent market trends indicate a surge of interest in crypto-related IPOs, exemplified by Bullish, another crypto exchange, whose shares more than tripled on their first trading day. The demand for digital asset companies to go public continues as the regulatory landscape evolves more favorably under recent U.S. administration policies.

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