Category IPO

If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol "CRCL."

The trading platform is aiming to raise up to $400 million at a valuation of roughly $4.5 billion.

Crypto exchange Gemini has appointed a new finance chief as it eyes a public offering.

Gemini has hired Goldman Sachs and Citigroup for the potential IPO, the report said.

Exchange cites a more friendly regulatory environment under the Trump administration as a reason for the move toward a public listing