Gemini, the New York-based cryptocurrency exchange, has filed its paperwork with the SEC to go public. The company submitted a draft registration statement on Form S-1, signaling its intent to issue an initial public offering (IPO). The announcement came the day after Circle, the issuer of the USDC stablecoin, successfully debuted on the New York Stock Exchange, with its shares soaring significantly. Circle’s stock, priced at $31 before its debut, has seen tremendous demand, leading to a notable price increase shortly thereafter, showcasing strong market interest in crypto-related public offerings. The twins Cameron and Tyler Winklevoss, who operate Gemini, are notable figures in the industry, gaining recognition for their early investments in Bitcoin and their controversial involvement with Facebook. The ongoing interest in public offerings from crypto firms aligns with a more positive regulatory environment under the current administration, fostering investor enthusiasm for the digital asset marketplace.

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