PANews June 7 news, according to The Block report, cryptocurrency exchange Gemini has 'secretly submitted a draft registration statement' to the US SEC, related to the proposed Class A common stock IPO. The statement indicates: 'The number of Class A common stocks to be issued and the price range have not yet been determined. The initial public offering (IPO) is expected to take place after the review process is completed by the US Securities and Exchange Commission, with the specific timing depending on market and other conditions.' Previously, Circle submitted an IPO application in April and began trading this week. It has been reported that cryptocurrency exchange Kraken is also considering applying for an IPO.