Cryptocurrency exchange Gemini, which was founded and is run by twin brothers Tyler and Cameron Winklevoss, is planning an initial public offering (IPO).
According to media reports, Gemini is in talks with investment banks and advisers about a public stock listing, and it could occur this year.
The news of a potential IPO comes amid rising crypto prices and bullish sentiment among investors now that Donald Trump is back in the White House.
Trump has pledged to make the U.S. the “crypto capital of the planet” and has already undertaken several measures to promote digital coins and tokens.
Gemini is one of several crypto companies that is weighing an IPO this year or in 2026.
Other companies in the crypto space that are reported to be considering going public include Bullish Global, Circle and Kraken.
The price of Bitcoin (BTC), the largest cryptocurrency by market capitalization, is currently trading at $97,700 U.S.