Winklevoss Twins Move to List Gemini on Nasdaq

Cryptocurrency exchange Gemini, founded by twin billionaires Cameron and Tyler Winklevoss, has filed to hold an initial public offering on Nasdaq, according to multiple reports on 18 August. The company is expected to trade under the ticker symbol “GEMI”; a listing date and price range have not yet been disclosed. The planned flotation would make Gemini one of the few U.S.-regulated crypto platforms to tap public equity markets, following Coinbase’s direct listing in 2021. The move comes as large institutional investors deepen their exposure to digital assets: recent regulatory filings show firms such as Goldman Sachs, Brevan Howard and Norway’s sovereign-wealth fund increasing stakes in spot-Bitcoin exchange-traded funds. Bringing Gemini to public markets could give the exchange fresh capital to compete with larger rivals and expand internationally, while offering investors another equity proxy for the fast-growing crypto sector. The company’s filing arrives amid renewed market enthusiasm, with Bitcoin trading around $115,000 even after a modest pullback earlier this week.