Gemini files for IPO with SEC

U.S.-based cryptocurrency exchange Gemini announced that it has submitted an application for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The expected offering price per share is between $17 and $19 under the ticker GEMI. The IPO will be underwritten by Goldman Sachs, Citigroup, Morgan Stanley, and Cantor Fitzgerald. Gemini and its existing shareholders will also be given an option to purchase additional shares within 30 days.