Gemini, the New York-based cryptocurrency exchange, announced it has filed with the SEC to go public, following the significant IPO success of Circle, the issuer of USDC. The company submitted a draft registration statement on Form S-1 and did not provide further comments on the filing. The Winklevoss twins, Cameron and Tyler, who run Gemini, have seen their wealth significantly increase thanks to early investments in cryptocurrency. The decision to go public comes just one day after Circle's stock, CRCL, surged during its debut on the New York Stock Exchange, reaching nearly four times its IPO price. Gemini's public offering is anticipated as several major cryptocurrency companies aim to list publicly, particularly with a more lenient regulatory environment under the current administration. This strategic move presents a substantial opportunity for growth in the cryptocurrency market, fueled by rising investor confidence and interest in virtual currencies.

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