Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to launch an initial public offering (IPO). The exchange intends to list on the Nasdaq Global Select Market under the ticker GEMI. While specific details about the number of shares or pricing have not yet been disclosed, the announcement comes in the wake of a strong interest in crypto IPOs, highlighted by the recent successful IPO of USDC issuer Circle, which saw its share price surge following its launch. Other firms, such as Bullish, have also experienced substantial gains following their IPOs. Goldman Sachs, Citigroup, Morgan Stanley, and Cantor are among the lead bookrunners for Gemini's IPO, reflecting a raised profile of digital asset companies in public markets. The favorable regulatory landscape, which has shifted positively with recent political changes, appears to be fueling this move toward public offerings in the crypto sector.

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