Tag: cryptocurrency exchange

Gemini IPO raises $425M as oversubscribed debut puts crypto back in Wall Street’s sights

Gemini priced its IPO at $28, raising $425 million and valuing the crypto exchange at $3.3 billion. The offering was more than 20x oversubscribed, pushing pricing above an already increased range. Shares list on Nasdaq under GEMI, backed by Goldman Sachs and Morgan Stanley. The deal signals stronger mainstream acceptance of crypto platforms and could open the door for more listings.

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