Will Gemini go public?

Gemini, the cryptocurrency exchange, is considering going public. There have been rumors about Gemini following in the footsteps of Coinbase with an IPO. The discussion highlights the benefits for Gemini if it capitalizes on the current crypto enthusiasm to boost its IPO price. Additionally, the competitive pressure with Coinbase could lead to innovations and possible airdrops of tokenized securities, which might enhance their public offerings 1.

David Hoffman and Jeff Dorman also suggest that it is highly likely for companies like Gemini and Kraken to pursue public listings, inspired by Coinbase's successful debut. They foresee more crypto-native companies going public in the near future 2.