Crypto firm Gemini said on Friday it had confidentially filed for a U.S. initial public offering, as digital asset companies move to tap into renewed investor risk appetite amid improving market conditions.
Several high-profile companies, including those in high-risk sectors such as crypto and financial technology, have launched successful listings in recent weeks, reflecting pent-up demand.
Earlier this week, stablecoin issuer Circle went public in a blowout debut on the New York Stock Exchange.
Analysts said Circle’s successful debut could encourage…