Gemini, a New York-based cryptocurrency exchange, has filed paperwork with the SEC to go public, following a recent successful IPO by Circle, the issuer of the USDC stablecoin. The company announced it has confidentially submitted a registration statement on Form S-1 to the U.S. Securities and Exchange Commission. The exchange is known for its founders, the Winklevoss twins, Cameron and Tyler, who gained notoriety both for their early investments in cryptocurrency and their role in the creation of Facebook. The move to go public for Gemini comes after Circle's stock, CRCL, saw massive gains following its debut on the New York Stock Exchange, quadrupling its IPO price shortly after trading began, indicating strong investor interest in the crypto sector. This marks a significant period in the cryptocurrency industry as several firms, spurred by a more favorable regulatory environment under the new administration, are looking to follow suit in raising capital through public offerings.

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