Bloomberg: Gemini has submitted its IPO application and is working with Goldman Sachs and Citigroup on the offering

ChainCatcher news, according to Bloomberg, informed sources revealed that the cryptocurrency exchange and custodian Gemini has secretly filed for an initial public offering (IPO). The company, founded by billionaire Cameron Winklevoss, is collaborating with Goldman Sachs and Citigroup for this issuance.

An article posted by Cameron Winklevoss on X stated that Gemini will go public after the U.S. Securities and Exchange Commission concludes its investigation into the exchange. A document from January indicated that the company paid $5 million to settle a lawsuit with the Commodity Futures Trading Commission.