Gemini Twins Eye IPO Amid Crypto Resurgence

Gemini, the cryptocurrency exchange co-founded by billionaire twins Tyler and Cameron Winklevoss, is reportedly considering an initial public offering (IPO) as early as this year. According to sources familiar with the matter, the exchange is in discussions with advisors, although no final decisions have been made. This is not the first time Gemini has explored the possibility of going public. In 2021, the Winklevoss brothers hinted at the idea but ultimately shelved the plan. Now, with a more crypto-friendly regulatory environment on the horizon, momentum is picking up.

The IPO move comes as optimism returns to the digital assets sector. Other major players, such as Bullish Global and Circle, are also weighing public listings. Gemini, despite facing challenges like the bankruptcy of its lending partner Genesis and a $37 million fine for compliance issues, has demonstrated resilience. The company managed to return over $1.1 billion to its Earn Program customers.

Bitwise Asset Management expects at least five crypto unicorns to go public in 2025, with Gemini poised to lead the charge in this growing trend. As crypto exchanges like Gemini explore IPO opportunities, staying on top of market shifts and emerging opportunities is key for investors. Tools like TipRanks' help investors track key developments and assess how public listings and regulatory updates impact the market.