Gemini, a cryptocurrency exchange platform backed by the billionaire Winklevoss twins, has filed to go public on the heels of the frenzied debut by stablecoin issuer Circle Internet Group Inc.

Gemini, the crypto company controlled by the Winklevoss twins, filed its IPO plans with securities regulators after shares of Circle more than doubled during its first day of trading

Gemini filed a confidential statement with the Securities & Exchange Commission (SEC) on Friday for an initial public offering (IPO) of its Class A common stock.