The crypto industry is experiencing a surge in interest from the public markets, thanks to President Donald Trump's supportive stance on crypto.

Ark Invest, an asset management firm, anticipated this trend months ago, predicting that Trump's pro-crypto position would pave the way for numerous Initial Public Offerings (IPOs).

Gemini, the crypto exchange founded by the Winklevoss twins, is moving closer to its public debut. Reports suggest that the exchange has confidentially filed for an IPO and could go public as early as this year. Working with financial giants Goldman Sachs and Citigroup, Gemini received positive news as the US SEC closed its investigation without taking any enforcement action.

The decision by Gemini to go public aligns with the increasing political involvement of its co-founders, who have been actively engaged in the crypto policy space. The Winklevoss twins' participation in Trump's White House Crypto Summit underscores their growing influence in the industry.

Following in Gemini's footsteps, Kraken is also preparing for an IPO expected in early 2026. The exchange, buoyed by what it perceives as a more supportive regulatory environment under Trump, reported impressive financial figures for 2024.

Both Gemini and Kraken overcame regulatory hurdles, strengthening their positions to enter the public markets. The alignment of Kraken Co-CEO Arjun Sethi with the administration's crypto-friendly policies further signals the company's readiness for its IPO.

The IPO landscape for crypto firms is looking positive, confirming Ark Invest's forecast that companies like Kraken and Circle would pursue public offerings under a Trump administration. Other players, such as BitGo, a leading digital asset custodian, are also exploring public listings in the near future.