Crypto exchange Gemini has announced its intention to go public by filing a draft registration statement with the U.S. Securities and Exchange Commission. This news comes just one day after USDC issuer Circle had a successful initial public offering (IPO) on the New York Stock Exchange, which saw its share price significantly increase. Gemini, founded by the Winklevoss twins, aims to follow in the footsteps of previous successful public offerings in the cryptocurrency space, including Coinbase. The announcement highlights a growing trend among cryptocurrency companies to seek public listings, especially in a market that may be becoming more favorable for digital financial services as a new administration takes a more collaborative approach to regulation. Circle's IPO has reportedly quadrupled its initial offering price, reflecting increasing investor interest in the crypto markets. The timing of Gemini's announcement suggests a strategic move to capitalize on this momentum in the industry.

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