Gemini Files Draft With The SEC For Proposed IPO

Gemini Space Station, Inc. has made a significant announcement today, revealing that they have confidentially filed a draft registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class A common stock. While specific details such as the number of shares and the price range have not been disclosed, the company’s IPO will move forward following the SEC’s review and is contingent on market conditions.

According to a press release, any offers, solicitations, or sales of securities will adhere to the registration requirements of the Securities Act of 1933, as amended. This announcement is in compliance with Rule 135 under the Securities Act.

Gemini’s decision to pursue an IPO comes at a time of heightened activity in both the public markets and the digital asset space. Notably, Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) recently filed a Form S-1 with the SEC for its upcoming Truth Social Bitcoin ETF.

The Truth Social Bitcoin ETF, B.T., is a Nevada business trust that issues beneficial interests in its net assets, primarily consisting of bitcoin held by a custodian on behalf of the Trust. The Trust aims to mirror the performance of the price of bitcoin.

Last week, at the 2025 Bitcoin Conference in Las Vegas, Gemini founders Cameron and Tyler Winklevoss joined White House A.I. & Crypto Czar David Sacks to discuss Bitcoin management and recent federal policy developments. Cameron emphasized the significance of Bitcoin, likening it to Gold 2.0 and asserting that its value should theoretically be much higher.

The conference also touched upon positive policy changes for the crypto industry, including the rollback of the IRS digital asset broker rule and the allowance for banks to hold Bitcoin. Additionally, the Department of Justice shifted away from its regulation by prosecution approach, offering relief to digital asset firms.

Tyler expressed optimism about the current administration’s progress in crypto regulation within the first 100 days, highlighting the significant accomplishments thus far. He concluded the panel with an enthusiastic “To the Moon!” as a nod to the potential future growth of the industry.