Gemini Plans to Go Public via Nasdaq as Crypto IPOs Boom
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC for an initial public offering (IPO) on the Nasdaq Global Select Market under the ticker GEMI. Specific details such as the number of shares or price range have not been disclosed, and no timeline for the IPO has been provided. This announcement follows a recent surge in crypto IPOs, including the impressive performance of Circle and Bullish, signaling strong market interest in digital asset companies going public. Major financial institutions like Goldman Sachs, Citigroup, Morgan Stanley, and Cantor will lead the underwriting process, with additional co-managers involved. The regulatory environment for crypto has improved significantly, contributing to the momentum for these IPOs, especially following the recent election and policy changes under President Trump.
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