Gemini, a cryptocurrency exchange founded by the Winklevoss twins, is considering an initial public offering (IPO) in the United States. This news was reported by Bloomberg on February 6. The twins, Tyler and Cameron Winklevoss, are well-known figures in the crypto world.
Gemini is one of the earliest cryptocurrency exchanges globally. They are currently speaking with potential advisors about the IPO process. However, the decision to go public is still under discussion, and no final choice has been made yet.
This move comes at a time when several other cryptocurrency companies are also looking into going public. Companies like Circle, eToro, Kraken, and Bullish Global are among those exploring IPO options. The interest in public listings is growing, especially with a more favorable attitude toward cryptocurrencies in the current political climate.
Recently, Tyler Winklevoss announced a hiring freeze for graduates and interns from MIT. This decision came after the return of former SEC Chair Gary Gensler to MIT as a professor. Winklevoss said their company will not hire MIT alumni while Gensler is associated with the institution.