Gemini, founded by the Winklevoss twins, raised $425 million in its IPO priced above expectations, reflecting strong crypto market confidence and investor demand. Trading on Nasdaq under GEMI, Gemini joins other major crypto exchanges and benefits from positive regulatory developments.
BitGo has filed for its IPO on the NYSE under ticker BTGO, projecting over $4 billion in revenue for the first half of 2025 and managing $90 billion in crypto assets. Despite a drop in net income, the company shows strong growth and plans to use IPO funds for tech improvements and acquisitions.
September 2025 witnessed significant developments in the crypto space with Gemini's successful IPO, a strategic Binance partnership announced by Franklin Templeton, and a notable investment from Nasdaq. Bitcoin and Ethereum prices also responded positively amid economic signals, making it an exciting time for crypto investors.
Gemini, founded by the Winklevoss twins, made a strong debut on the stock market with a $425 million IPO, reflecting investor confidence despite recent losses. The exchange offers diverse crypto services, including stablecoins and crypto-backed cards. Learn how platforms like Bitlet.app complement Gemini by enabling crypto purchases through monthly installments.
Gemini, founded by the Winklevoss twins, has raised its IPO price range to $24-$26 per share aiming for a valuation of up to $3.08 billion. Scheduled to list on Nasdaq with ticker GEMI, the offering includes 16.67 million shares to raise $433.3 million. Goldman Sachs and Citigroup lead the IPO, with Nasdaq committing $50 million in private placement shares.
Gemini has increased its IPO price range, aiming for a $3 billion valuation amidst the ongoing crypto boom. This move reflects growing confidence in the cryptocurrency market's potential.
The 2025 IPO market is heating up with five companies launching IPO roadshows recently. This surge indicates a potential flashpoint in the market, signaling opportunities and risks for investors. Platforms like Bitlet.app provide innovative services to help investors engage with the crypto space conveniently.
Gemini Space Station, founded by the Winklevoss twins, priced its IPO at $28 per share, valuing the company at $3.3 billion. Despite recent losses, Gemini continues to expand with notable partnerships and innovative offerings like a crypto-backed credit card.
Nasdaq has announced a $50 million investment in Gemini, enhancing its services for institutional clients through Gemini's custodial solutions and trade management system. Gemini is also preparing for a significant IPO on Nasdaq, aiming to raise $317 million as part of its growth strategy.
Gemini has entered a $75 million credit agreement with Ripple Labs and filed for an IPO, signaling growth despite recent financial losses. This move aligns with the crypto sector's push toward mainstream adoption, following new legislation and other major crypto IPOs.