Gemini file drafts to SEC of proposed IPOs

Today, Gemini Space Station, Inc. announced that it had secretly submitted a draft registration with the Securities and Exchange Commission for its proposed initial public offering (IPO) for Class A common stock. Details such as the number of shares and price range have not been revealed. The IPO will proceed after the SEC review and will be subject to market conditions.

🚨Just: @gemini IPO submitted secretly @secgov.
Details about shared counting and pricing TBD.
The launch date depends on SEC reviews and market conditions.
– Eleanorterrett (@Eleanorterrett) June 6, 2025

“As amended, any purchase offer, solicitation or sale of securities will be made in accordance with the registration requirements of the Securities Act 1933,” the press release states. “This announcement is issued pursuant to Rule 135 under the Securities Act.”

Gemini’s movement is during a period of growing activity in both the open market and digital assets sectors. Just yesterday, Trump Media and Technology Group Corp. (NASDAQ, NYSE TEXAS: DJT) submitted the upcoming Truth Social Bitcoin Etf Form S-1 to the SEC.

“The Truth Social Bitcoin ETF, BT, is the trust of Nevada businesses to issue beneficial benefits to their net worth,” S-1 said. “The assets of a trust are primarily made up of Bitcoin held by custodians on behalf of the trust. The trust is generally trying to reflect the performance of Bitcoin prices.”

The momentum surrounding Bitcoin and broader crypto policy was also clear at the 2025 Bitcoin Conference in Las Vegas last week. So Gemini founders Cameron and Tyler Winklevos joined the White House AI & Crypto Czar David Sacks to discuss how the government should manage Bitcoin and the recent developments in federal policy.

“Orange is new gold,” Cameron said. “So, Bitcoin is 2.0 gold, and that’s true from day one. So with $100,000 of Bitcoin, that’s exciting, but if you take 21 million and do the ground market price of gold.

Gemini founders Cameron and Tyler Winklevoss have joined the White House AI & Crypto Czar David Sacks.

They talked about some of the recent policy changes that are suitable for Crypto. This includes rollbacks of IRS Digital Asset Broker Rule and SAB 121. The Justice Department also halted restrictions through its prosecutor approach. This puts a lot of pressure from digital asset companies.

“It’s hard to imagine a president. Other presidents can do just a small part of this, or achieve that or administration, and we have over 100 days,” Tyler said. “So it’s amazing that there’s still a lot of time left.” He then said, “On the moon!” and finished the panel.