Gemini exchange files for IPO on Nasdaq: Is this the next "boom" in the wave of crypto listings?

The cryptocurrency exchange Gemini, founded by billionaire twins Tyler and Cameron Winklevoss, has just announced that it has submitted an S-1 filing to the SEC to proceed with an IPO on the Nasdaq Global Select Market under stock code #GEMI .

Although the number of shares, price range, and timing of the listing have not been disclosed, this information has immediately attracted attention as the market heats up with a series of high-profile IPOs from crypto companies. Notably, Goldman Sachs, Citigroup, Morgan Stanley, and Cantor will serve as the lead bookrunners.

The move by #Gemini comes after the explosive success of Circle (CRCL) – the issuer of the USDC stablecoin – when its stock surged nearly 10 times in just a few days before adjusting to $149. Similarly, Bullish (BLSH) also marked its presence with a price doubling on its very first day of trading.

Gemini was founded in 2014 and has been one of the most tightly regulated exchanges in the U.S. The company's plan #IPO contributes to affirming the trend of crypto companies "landing" on Wall Street, in the context of a positively changing regulatory environment under President Trump, with the SEC withdrawing numerous lawsuits and passing the GENIUS Act for stablecoins.

👉 If successful, Gemini could become one of the iconic IPO deals in the industry, further solidifying the position of the "crypto wave" on the U.S. stock market.