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Winklevoss Gemini IPO another crypto win
Fox Business·2025-09-12 15:46

Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, will begin trading on Friday after raising 425millioninaninitialpublicofferingthatsignalsanotheradvancefortheindustry. Shares,whichtradeunderthetickerGEMI,pricedat425 million in an initial public offering that signals another advance for the industry.  Shares, which trade under the ticker GEMI, priced at 28 – the high end of the expected 24to24 to 26 range – giving the company a market cap of about 3billion.ItislistedontheNasdaq,whichrecentlyinvested3 billion. It is listed on the Nasdaq, which recently invested 50 million in the deal.The platform is "intended to simplify and secure the process of buying, s ...