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Tag Archives: Gemini

Gemini’s Nasdaq Debut Hits $425 Million Hard Cap Amid Overwhelming Demand

September 12, 2025 0

Gemini’s much-anticipated initial public offering (IPO) has raised $425 million, reaching the firm’s self-imposed ceiling despite massive investor demand. The cryptocurrency exchange, founded by the Winklevoss twins, completed its debut on the Nasdaq with an offering that was oversubscribed more than 20 times. According to Bloomberg, Gemini issued roughly 15.2 million shares at $28 each, above the initial price range …