Cryptocurrency exchange Gemini Space Station Inc., founded in 2014 by billionaire twins Cameron and Tyler Winklevoss, made its previously confidential registration public, filing a Form S-1 with the U.S. Securities and Exchange Commission on 15 August. The company plans to list on the Nasdaq Global Select Market under the ticker “GEMI.” The filing shows that market conditions remain challenging: revenue fell to $67.9 million in the first half of 2025 from $73.5 million a year earlier, while net loss widened sharply to $282.5 million from $41.4 million. Gemini also disclosed a credit facility arranged in July with Ripple for up to $75 million. Proceeds from the offering will be used for general corporate purposes and to repay third-party debt, according to the prospectus. Goldman Sachs and Citigroup are acting as lead bookrunners, alongside several additional underwriters. Gemini’s move comes amid a resurgence in crypto listings following high-profile debuts by Circle and Bullish earlier this summer, reflecting improved regulatory clarity and renewed investor appetite for digital-asset businesses.