All articles tagged with #gemini ipo
Gemini, a crypto brokerage run by the Winklevoss twins, priced its IPO at $28 per share, valuing it at $3.3 billion, and is expected to trade higher on Nasdaq, reflecting strong investor interest in crypto-related companies amid rising crypto prices and favorable regulation. Despite revenue growth, Gemini posted losses, but its user base and trading volume are increasing, and Nasdaq's investment signals confidence in the sector.
Gemini, the cryptocurrency exchange led by the Winklevoss twins, raised $425 million in an IPO priced above its initial range, with shares set to trade on Nasdaq under GEMI, marking a significant move in the crypto and tech sectors.
Gemini, the crypto exchange founded by the Winklevoss twins, has confidentially filed for an IPO amid renewed market enthusiasm following successful listings like Circle's debut on the NYSE, signaling increased confidence and mainstream acceptance in the digital asset industry, despite ongoing regulatory challenges.