Gemini Plans to Go Public via Nasdaq as Crypto IPOs Boom

Cryptocurrency exchange Gemini said Friday that it has submitted a public S-1 filing with the SEC to launch a planned initial public offering, two months after previously revealing a confidential filing with the regulator.

Gemini, which was founded in 2014 by billionaire Bitcoin investors Tyler and Cameron Winklevoss—perhaps best known for their role in the creation of Facebook—plans to list via the Nasdaq Global Select Market under the ticker GEMI.

Details on the number of shares to be offered or the price range have yet to be announced. Similarly, no timeline for the planned IPO has been shared as of yet.

Goldman Sachs, Citigroup, Morgan Stanley, and Cantor will serve as lead bookrunners, according to a press release, along with several additional bookrunners. Academy Securities and AmeriVet Securities will be co-managers.

Editor's note: This story is breaking and will be updated with additional details.