Gemini, the cryptocurrency exchange co-founded by Tyler and Cameron Winklevoss, has filed with the SEC to launch an initial public offering (IPO). The planned IPO follows the recent success of other crypto companies, including Circle and Bullish, which have also recently gone public. Gemini aims to list on the Nasdaq Global Select Market with the ticker GEMI, although specific details regarding the number of shares or pricing remain undisclosed. The initial SEC filing was made two months after a previous confidential submission. Major financial institutions such as Goldman Sachs, Citigroup, and Morgan Stanley are involved in facilitating the IPO process as lead bookrunners. The growing interest in crypto IPOs is evident, with shares of crypto firms rapidly increasing post-IPO, signaling a robust market appetite. The regulatory environment has improved since recent changes in leadership, contributing to the favorable conditions for launches in the crypto sector.

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