Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is exploring a potential initial public offering (IPO) as early as this year, according to Bloomberg.

The report cites unnamed sources familiar with the matter, indicating that Gemini is currently in discussions with potential advisors to facilitate the listing. While no final decision has been made, this move comes amidst a generally more positive sentiment in the crypto market, fueled in part by recent pronouncements from President Trump suggesting a friendlier regulatory environment for digital assets.

This potential IPO follows reports of other cryptocurrency firms, including Bullish Global (CoinDesk's parent company) and potentially Circle and Kraken, also considering public listings.