Is Gemini About to Become the New Wall Street Darling or Just Another Crypto Circus?

Cryptocurrency exchange Gemini has decided to throw a wrench in the traditional finance machine by filing paperwork to go public. Because, apparently, digital coins aren’t quite enough — they want the whole dang stage.

According to a June 6 statement, Gemini quietly submitted a draft registration to the U.S. Securities and Exchange Commission (SEC). Nice and secretive, like a teenager sneaking out past curfew. Details such as how many shares they plan to unload and at what price remain under wraps — probably being carefully crafted in a dark room with cigars and Bitcoin embedded in the carpet.

The big news is that Gemini says the IPO will happen once the SEC agrees and market conditions decide to cooperate, which basically means never— or maybe just when pigs fly on Ethereum. This move places Gemini squarely among the growing crowd of crypto companies eager to jump into the stock market pool, ostentatiously signaling that institutional investors are so into crypto they’re practically moonwalking.

And in case you missed it, this move comes hot on the heels of Circle’s IPO success — proving once again that if you’re looking for the crypto world’s version of a gold rush, just wait a few weeks. 💰

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2025-06-06 22:57