Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to go public. They plan to list on the Nasdaq Global Select Market under the ticker GEMI. The number of shares and pricing details have yet to be announced, along with a timeline for the IPO. The initial confidential SEC filing followed the successful IPO of Circle, where shares tripled after trading began. Bullish, another crypto exchange, also recently saw its shares more than triple their offering price, indicating strong interest in crypto IPOs. Major banks, including Goldman Sachs and Citigroup, will act as lead bookrunners for Gemini's expected IPO. The regulatory climate for cryptocurrency has improved significantly, particularly with recent developments in the SEC's stance and new legislative support.

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