Gemini, the New York-based cryptocurrency exchange, has filed paperwork with the SEC to go public. This announcement was made following the successful IPO of USDC issuer Circle, which saw its stock, CRCL, rise sharply after its trading debut on the New York Stock Exchange. Gemini filed a draft registration statement on Form S-1, aiming to tap into the growing interest in cryptocurrency investments. The company has not provided further details at this time. The Winklevoss twins, who founded the exchange, are notable figures in the crypto space due to their early involvement in Bitcoin and their affiliations with Facebook's history. Circle's IPO received remarkable attention, with its stock price climbing significantly, demonstrating strong investor demand prior to Gemini's announcement. As regulatory conditions improve under the current administration, more crypto firms are expressing interest in pursuing public listings. Gemini's move signals confidence in the market's future prospects, bolstered by the recent success of its peer companies.

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