Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has submitted a filing with the SEC to go public on the Nasdaq Global Select Market under the ticker 'GEMI.' No details regarding the number of shares or price range are available yet, and a timeline for the IPO has not been provided. Major banking firms including Goldman Sachs, Citigroup, and Morgan Stanley will serve as lead bookrunners for the offering. The confidential SEC filing follows a recent successful IPO by Circle, whose shares tripled after launch, and the positive performance of Bullish, another crypto exchange that saw its shares surge significantly. The regulatory environment surrounding crypto has improved, particularly after recent governance changes, prompting greater interest in public offerings from cryptocurrency firms. Overall, the landscape for crypto IPOs is becoming increasingly favorable with the market's growing appetite and optimism.

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