Winklevoss Twins Reignite IPO Rumors
Founded in 2015, Gemini has long been seen as a sleeping giant in the digital finance world. The Winklevoss twins, famous for their early involvement in Facebook and their bullish Bitcoin bets, now appear poised to bring their brainchild into the public markets. IPO whispers around Gemini first began circulating in 2021, but this latest filing is their most concrete move yet.
The confidential route allows Gemini to submit draft registration documents to the U.S. Securities and Exchange Commission (SEC) while keeping key financials and strategy hidden from competitors. Per federal law, these details must eventually go public at least 15 days before investor marketing begins.
Crypto Gets Political Tailwind
Gemini’s timing is also savvy. The crypto industry is bracing for what many believe will be a friendlier regulatory climate under President Donald Trump, and lawmakers on Capitol Hill are actively debating legislation that would give legal clarity to stablecoins and potentially bolster wider digital currency adoption.
The IPO boomlet suggests that crypto may be inching closer to mainstream legitimacy—at least in the eyes of the capital markets.
Gemini has yet to disclose legal advisors or comment further on its IPO roadmap.