All articles tagged with #winklevoss
Gemini, the crypto exchange founded by the Winklevoss brothers, priced its IPO at $28 per share, valuing the company at $3.3 billion, with strong demand leading to an above-range pricing and a $425 million offering. The company, which reported significant losses in 2024 and 2025, received a $50 million strategic investment from Nasdaq, highlighting institutional confidence despite recent cryptocurrency market volatility.
Gemini, a crypto exchange founded by the Winklevoss twins, is planning to go public on Nasdaq with an IPO aiming to raise up to $433 million, valuing the company near $3.1 billion, and has secured Nasdaq as a strategic investor, expanding its offerings and institutional access.
Gemini, the crypto exchange founded by the Winklevoss twins, has filed confidential paperwork for a US IPO, aiming to capitalize on renewed investor interest in digital assets amid a recovering US stock market and regulatory easing. This move follows the successful debut of stablecoin operator Circle and reflects a broader revival in the US IPO market after a period of volatility and regulatory uncertainty.
Cryptocurrency exchange Gemini has agreed to return at least $1.1bn to customers of its defunct lending programme as part of a settlement with the New York Department of Financial Services (NYDFS), following significant failures in its Earn programme. The company will also pay a $37m fine and contribute $40m to the conclusion of Genesis' bankruptcy. Gemini, co-founded by the Winklevoss twins, has been embroiled in extensive litigation with Genesis Global Capital, and the settlement brings customers one step closer to regaining access to their funds.