Gemini, the New York-based cryptocurrency exchange, has announced its plans to go public, following a successful initial public offering (IPO) by Circle, the issuer of the USDC stablecoin. On June 6, 2025, Gemini revealed that it had confidentially filed a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This move comes just one day after Circle's shares surged nearly quadrupling their IPO price on the New York Stock Exchange. Gemini, founded by billionaires Cameron and Tyler Winklevoss, is optimistic about its public offering, especially considering the favorable political climate for cryptocurrency under the current administration. This news marks a pivotal moment for Gemini, as it seeks to follow in the footsteps of Coinbase and other crypto firms aiming for public listings. The exchange's filing reflects broader trends in the cryptocurrency industry, which is increasingly moving towards mainstream acceptance and regulation, evidenced by the SEC's more collaborative approach with such firms.

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