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Crypto Exchange Gemini Raises $425M In Heavily Oversubscribed IPO
Yahoo Finance·2025-09-12 04:04

Gemini Space Station’s initial public offering pulled in 425mlateThursday,markingoneofthestrongestdebutsforadigitalassetplatforminrecentmemory.TheNewYorkbasedfirm,foundedbyCameronandTylerWinklevoss,priced15.2msharesat425m late Thursday, marking one of the strongest debuts for a digital asset platform in recent memory. The New York-based firm, founded by Cameron and Tyler Winklevoss, priced 15.2m shares at 28 each, above its earlier guidance of 24to24 to 26, Bloomberg reported. The final pricing reflected robust investor demand even after Gemini lifted its proposed range from 17to17 to 19 last week. Gemini IPO Capped At $425M Despite Heavier Demand Bankers halted ...