Winklevosses' crypto exchange Gemini raises $425 Million in IPO, Bloomberg News reports

Core Insights - Gemini Space Station raised $425 million in an initial public offering (IPO) [1] - The stock was priced above the marketed range, indicating strong demand [1] - The number of shares offered was reduced, which may reflect a strategic decision to enhance stock value [1] Financial Summary - The total amount raised in the IPO was $425 million [1] - The pricing strategy involved setting the stock price above the initially marketed range, suggesting positive market sentiment [1] - The reduction in the number of shares offered could imply a focus on maintaining a higher stock price post-IPO [1]