Gemini, a cryptocurrency exchange based in New York, has announced its intention to go public by filing a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission. This news follows closely on the heels of Circle's successful IPO, where its stock price surged significantly after its introduction on the New York Stock Exchange. Gemini, led by the Winklevoss twins, plans to capitalize on the growing interest in cryptocurrency among investors and the favorable regulatory environment under the current administration. The move to go public is seen as a strategic step for Gemini to expand its operations and compete effectively in the evolving crypto market.
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