Winklevoss-founded crypto exchange Gemini files draft statement to go public

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The filing, submitted on June 6, 2025, signals the company’s intent to go public, although specific details regarding the number of shares and pricing have not been disclosed.

This move comes amid a resurgence in the crypto market, highlighted by the recent successful IPO of stablecoin issuer Circle Internet Financial, whose shares surged significantly on their debut. Gemini’s decision to pursue an IPO reflects growing investor confidence and a favorable regulatory environment under the current U.S. administration, which has shown support for digital asset innovation.

Founded in 2014, Gemini has established itself as a prominent player in the cryptocurrency exchange space, offering services for buying, selling, and storing digital assets. The company’s move to go public marks a significant milestone in its journey and underscores the maturation of the crypto industry as it increasingly integrates with traditional financial markets.