Gemini Cryptocurrency Exchange Files for IPO

The Winklevoss twins’ cryptocurrency exchange, Gemini, has confidentially filed for an IPO. This was reported by Bloomberg, citing informed sources.

The company is collaborating with Goldman Sachs and Citigroup. Earlier reports indicated that Gemini’s management was considering going public in 2025. According to updated information, the intention to proceed with these plans this year remains unchanged.

With Donald Trump’s rise to power in the US and changes in the administrations of several government agencies, interest from crypto companies in public stock offerings has increased.

Specifically, the exchange Kraken intends to conduct an IPO in the first quarter of 2026. The company’s previous efforts in this direction were unsuccessful due to regulatory pressure.

Under the leadership of acting chairman Mark Uyeda, the US Securities and Exchange Commission (SEC) has shifted its enforcement approach and has already closed several cases against crypto companies, including Robinhood, Uniswap Labs, and Coinbase.

In January, Gemini opened a hub to ensure compliance with the EU’s MiCA digital asset regulation bill.