Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, has submitted a filing with the SEC for an initial public offering on the Nasdaq under the ticker GEMI. The specifics regarding the number of shares or pricing are not disclosed, nor is there a timeline for the IPO. The filing follows a series of successful IPOs in the crypto space, including Circle and Bullish, indicating a strong market interest. Circle's stock peaked significantly post-IPO, and Bullish witnessed a considerable rise above its offering price. Goldman Sachs, Citigroup, Morgan Stanley, and Cantor are among the lead bookrunners for Gemini's IPO. The environment for crypto IPOs has become more favorable following regulatory changes under the current administration, providing a conducive atmosphere for crypto firms to pursue public listings.

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