Company Overview - Gemini is pricing its IPO at $28 per share, selling 15.2 million shares, resulting in a valuation exceeding $3 billion. The company will be listed on NASDAQ under the ticker GMI [1] - The co-founders, Tyler and Cameron Winklevoss, express confidence in the future of Bitcoin, predicting it could reach $1 million per Bitcoin if it disrupts gold, indicating a potential 10x increase from current levels [3][4] Market Position and Growth - Since its inception, Gemini has expanded from solely offering Bitcoin to supporting over 100 tokens, reflecting significant growth in the cryptocurrency space [5] - The company has partnered with NASDAQ to advance the integration of markets on-chain, suggesting a commitment to innovation and market development [6] Product Differentiation - A key product offering is the Gemini credit card, which allows users to earn up to 4% back in Bitcoin or other supported cryptocurrencies on purchases, enhancing customer engagement and loyalty [8][10] - The credit card rewards are designed to be immediate, with Bitcoin credited to the user's account in real-time upon transaction completion [21] Future Outlook - The Winklevoss twins believe the cryptocurrency market is still in its early stages, with expectations of continued growth and adoption over the next decade [4][6] - The company positions Bitcoin as a "store of value" akin to gold, suggesting that its primary function may not be as a transactional currency but rather as an inflation hedge [15][18]

Gemini, the U.S.-based cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has priced its initial public offering at $28 per share, beating expectations ahead of the start of trading Friday. Launching on the Nasdaq Global Select Market under the ticker symbol “GEMI,” the deal marks one of the most closely watched debuts in the crypto sector this year, with strong investor demand pushing the IPO well above its original $17 to $19 price per stock range. The Next Big Crypto IPO? Everything You N ...

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]

Core Insights - Bitget has solidified its position as an innovative and resilient player in the digital asset industry, as highlighted in its August 2025 Transparency Report [2] - The company launched the industry's first Real World Asset (RWA) index perpetual contract, marking a significant step in connecting traditional finance with decentralized markets [2] - Bitget achieved a record monthly derivatives trading volume of $750 billion, bringing the cumulative total to $11.5 trillion [2] Trading Performance - Bitget maintained its leadership in derivatives trading, ranking among the top three global exchanges for open interest in Bitcoin and Ethereum futures [3] - Bitcoin futures trading volume on the platform surpassed $10 billion, while Ethereum futures trading remained between $5 billion and $7 billion, with ETH open interest exceeding $6 billion by the end of the month [3] Regional Expansion - Bitget accelerated regional growth by launching a USD-based e-wallet card in Latin America through a partnership with Mastercard, enabling users in Argentina, Mexico, Colombia, Chile, Peru, and Guatemala to spend stablecoins at over 150 million merchants globally [3] - The introduction of instant Visa and Mastercard deposit features simplified fiat funding processes and supported 140 currencies, expanding access to crypto assets for a broader user base [3] Cultural Impact and Community Engagement - The company made significant cultural impacts by creating immersive Web3 experiences at events like the UNTOLD music festival in Romania and strengthening local ecosystems at Blockchain Rio, GM Vietnam, and Coinfest Asia [4] - The launch of the AI-driven trading assistant GetAgent and the record-breaking KCGI 2025 trading competition attracted over 120,000 participants from 80 countries [4] Token and Financial Health - Bitget's ecosystem token BGB saw progress with the destruction of 60 million tokens and new utility integrations, resulting in a 3% price increase [4] - The exchange's reserve proof ratio remains strong, well above 1:1, with Bitcoin reserve rates approaching 200%, showcasing Bitget's differentiated advantage as a transparent and secure trading platform [4] Future Outlook - As Bitget enters the final quarter of 2025, the exchange plans to continue expanding its ecosystem, strengthening global partnerships, and providing new ways for users to engage in the crypto space [6]

Core Insights - Kraken has launched its "Perps" perpetuals trading product, enabling users to invest in cryptocurrency futures by predicting price movements without owning the actual assets [1][2] - The Perps product is available for over 300 assets, including Bitcoin, but the specific markets for rollout are not yet confirmed [2] - The launch of Perps follows the introduction of Kraken's xStocks service, which allows trading of tokenized real-world assets and is compliant with EU regulations [3] Strategic Context - The introduction of both Perps and xStocks is part of Kraken's broader strategy in anticipation of a potential IPO in 2026, with the company seeking $500 million in new funding [4] - Kraken had previously considered an IPO in 2021, but no further action was taken at that time [5] - The founder of Kraken, Jesse Powell, faced an FBI investigation in 2023, which concluded without any charges or evidence of wrongdoing [5]

By Echo Wang NEW YORK (Reuters) -Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has drawn over 20 times as many orders for its planned U.S. initial public offering as there are available shares, people familiar with the matter said on Thursday. The strong demand, ahead of the IPO's pricing later on Thursday, shows investors' huge appetite for crypto company listings. Gemini and its bankers have stopped taking new orders for shares and, in an unusual move, the ...

Leading cryptocurrency exchange Binance has announced plans to list the native token of the Solana meme coin launchpad pump.fun, noting that it would come with a seed tag. Until the token is officially available for trading on the platform, Binance has advised users to conduct thorough research before investing. PUMP Price Rises Nearly 5% as Binance Lists Token With Seed Tag According to the announcement, pump.fun went live on Binance, with trading pairs PUMP/USDT and PUMP/TRY available at 12:30 (UTC) o ...

Core Insights - Bitget's COO Vugar Usi Zade delivered a TEDx talk emphasizing the importance of blockchain education over the technology itself, aiming to empower the next billion thinkers [2][3][4] Group 1: Event Highlights - The TEDx event took place on September 8, 2025, in Manila, featuring a diverse lineup of speakers, including Vugar Usi Zade and other notable figures from various fields [2][3] - Bitget celebrated its seventh anniversary with a Builders Night event on September 7, which included interactive sessions and workshops aimed at fostering community engagement [4] Group 2: Educational Initiatives - Vugar's concept of "the next billion thinkers" positions education as a pathway from curiosity to autonomy and innovation, aligning with Bitget's mission to promote financial literacy and Web3 skills [5] - Bitget is committed to expanding its Blockchain4Youth and Blockchain4Her initiatives, focusing on partnerships and tools to help the new generation develop critical thinking and confidence in participating in the Web3 economy [5] Group 3: Company Overview - Founded in 2018, Bitget is a leading cryptocurrency exchange and Web3 company, serving over 120 million users across more than 150 countries [6] - Bitget offers innovative trading solutions, including a non-custodial wallet that supports over 130 blockchains and millions of tokens, and has strategic partnerships with organizations like UNICEF to provide blockchain education [6][7]

Core Insights - Bitget has integrated Switchboard (SWTCH) into its Launchpool and has opened spot trading for the SWTCH/USDT pair, with trading starting on September 9, 2025, and withdrawal functionality available from September 10, 2025 [2] - A total of 5.5 million SWTCH tokens will be distributed as rewards during the Launchpool event, which runs from September 9 to September 11, 2025 [2] - Users can participate by locking BGB or SWTCH tokens, with the BGB lock pool allowing users to lock between 5 to 50,000 BGB to share in 5 million SWTCH tokens, and the SWITCH pool allowing locks of 500,000 to 5 million SWITCH to share in 500,000 SWTCH tokens [2] Company Overview - Bitget is a leading cryptocurrency exchange and Web3 company, established in 2018, serving over 120 million users across more than 150 countries [5] - The exchange is known for its innovative solutions, including copy trading features, and aims to expand its trading pairs from over 800 to more than 900 [4] - Bitget's wallet supports over 130 blockchains and millions of tokens, facilitating multi-chain trading, staking, and payments [5] Product and Technology - Switchboard is described as the fastest and most customizable permissionless oracle network, designed for users who prioritize speed and decentralization [3] - It currently safeguards billions of dollars in assets across over 51 protocols, with data transmission speeds three times faster than competitors [3] - The integration of Switchboard into Bitget's ecosystem enhances the speed and reliability of data access for users, enabling more opportunities in decentralized finance and on-chain trading [4]

Listing & Trading - Binance US lists Pump.fun's PUMP token [1] - Trading pair for PUMP is PUMP/USDT [1] Network Support - Solana network supports PUMP withdrawals and deposits [1]