According to online reports, according to Reuters, cryptocurrency trading platform Gemini secretly applied for an IPO in the United States. It was previously reported that on March 8, according to Bloomberg, people familiar with the matter revealed that crypto trading platform Gemini had secretly submitted an IPO application in the United States and was working with Goldman Sachs and Citigroup. Whether to conduct an IPO in the end remains unclear. The move came after the U.S. Securities and Exchange Commission terminated its investigation into Gemini without taking any action. In addition, Gemini reached a $5 million settlement in January with the U.S. Commodity Futures Trading Commission (CFTC) over a lawsuit.