Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to go public. The firm plans to list on the Nasdaq under the ticker GEMI, though details regarding the number of shares or price range have not yet been disclosed. This announcement follows a particularly active period for crypto IPOs, highlighted by the recent successful launch of Circle's IPO, which tripled shortly after trading began. Bullish, another crypto exchange, also saw a substantial increase in share value upon debuting, indicating strong interest in crypto firms entering the public markets. Major investment banks, including Goldman Sachs and Morgan Stanley, are involved in the underwriting of Gemini’s IPO, which reflects a growing approval of cryptocurrency operations in mainstream finance.

Source đź”—