The Winklevoss twins are making headlines again, this time with a bold prediction for Bitcoin’s future. As their crypto exchange Gemini began trading on the Nasdaq, Tyler Winklevoss said he believes Bitcoin could hit $1 million within the next decade. Gemini Makes Its Market Debut Gemini launched publicly under the ticker GEMI. Shares opened around $28 and saw early gains, pushing the company’s valuation to roughly $4.4 billion. The listing marks a major moment for the company, which was founded back in ...

Group 1 - The crypto exchange experienced a 43% increase during its volatile trading on Nasdaq, indicating a strong performance in its debut [1] - This event marks a notable upside surprise in the recovering IPO market, suggesting renewed investor interest and activity in initial public offerings [1]

Gemini Space Station shares jumped 32.2% in their Nasdaq debut on Friday, giving the cryptocurrency exchange a valuation of $4.4 billion and capping a bright week for digital asset companies in a resu... ...

财务数据显示，Gemini在2025年上半年实现交易量248亿美元，较2024年同期的166亿美元增长49.4%。 然而，公司收入却出现下滑，2025年前六个月收入为6861万美元，低于2024年同期的7432万美元。 周五，加密交易所Gemini Space Station(GEMI.US)登陆美股市场，开盘暴涨超45%，报40.71美元，并触 及熔断。IPO价格为28美元。Gemini成立于2014年，目前在60多个国家运营，累计交易量超过2850亿美 元，平台资产超过210亿美元，拥有150万交易用户。截至6月30日，公司持有4002枚比特币和10444枚以 太币。 ...

Core Viewpoint - Gemini, the crypto exchange founded by the Winklevoss twins, is set to begin trading with an IPO price of $28 per share, indicating strong market interest and a potential for significant first-day gains [2][3]. Group 1: IPO Details - The IPO price of $28 per share is above the previously expected range of $24 to $26, suggesting strong demand [2]. - Gemini sold 15.1 million Class A shares, raising a total of $425 million [2]. - The company is expected to have a market value of approximately $3.3 billion following its public debut [3]. Group 2: Market Demand and Investment - There was a $50 million private placement investment from Nasdaq, indicating confidence in Gemini's market potential [2]. - Demand for Gemini's shares was reported to be more than 20 times higher than the available shares, reflecting strong investor interest [2]. Group 3: Company Overview - Gemini operates one of the well-known crypto exchanges in the U.S. and offers a credit card with crypto rewards and a stablecoin [4]. - Although Gemini's trading volumes are significantly lower than those of Coinbase, the company sees growth potential in tokenization and card payments [4].

Core Viewpoint - Gemini Space Station, a cryptocurrency exchange founded by the Winklevoss twins, has made its public debut with an IPO priced at $28 per share, raising over $425 million and achieving a market valuation of approximately $3.3 billion [2][15]. Company Overview - Gemini Space Station, Inc. is a cryptocurrency exchange platform founded in 2014 by Cameron and Tyler Winklevoss after their dissatisfaction with existing exchanges [3][4]. - The company offers various financial services, including a credit card that allows users to earn cryptocurrency rewards [4]. Financial Performance - For the year ending December 31, 2023, Gemini reported total revenue of $98.1 million, which increased to $142.2 million for the year ending December 31, 2024 [7]. - Despite the revenue growth, Gemini experienced net losses of $319.7 million in 2023 and $158.5 million in 2024 [8]. IPO Details - Gemini's shares were priced at $28, above the initial forecast range of $17 to $19, due to higher-than-expected demand [12]. - The IPO offered over 15.1 million shares, reduced from an initial plan of 16.67 million shares due to a cap on proceeds set at $425 million [13]. - The shares will trade under the ticker "GEMI" on the Nasdaq Global Select Market [11]. Market Context - Gemini's IPO is part of a trend of high-profile tech IPOs in 2025, with investor interest in the crypto and fintech sectors [16]. - The performance of recent IPOs in the sector has been mixed, with some companies like Circle Internet Group seeing significant gains, while others like eToro and Bullish have faced declines [17].

Group 1 - Cryptocurrency exchange Gemini raised $425 million in its initial public offering (IPO), pricing shares at $28, above the expected range of $24 to $26 [1][2] - The IPO values Gemini at approximately $3.32 billion on a non-diluted basis, based on 118,783,069 outstanding shares [2] - Gemini is set to begin trading on Nasdaq under the ticker "GEMI" with Goldman Sachs and Citigroup as lead underwriters [3] Group 2 - The IPO follows a strategic investment from Nasdaq, which committed to purchasing $50 million worth of shares at the time of the IPO [3] - Despite reporting a net loss of $282.5 million in the first half of 2025, Gemini joins the trend of digital-asset firms going public, becoming the third publicly traded crypto exchange after Coinbase and Bullish [4] - Gemini's business includes over-the-counter trading, a cryptocurrency-backed credit card, and support for major tokens like Bitcoin and Ethereum [4]

IPO for the crypto currency exchange founded by billionaires Tyler and Cameron Winklevoss ups its price range ahead of its debut, in a sign of strong interest. ...

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 sh... ...

FTX execs summoned to court once more. | Credit: Tom Williams/CQ-Roll Call, Inc via Getty Images. Key Takeaways 3AC alleges FTX illegally liquidated $1.5 billion of its positions. The exchange claimed that 3AC held just $284 million. FTX will begin a third round of creditor repayments at the end of September. Three Arrows Capital (3AC) is compelling FTX execs Sam Bankman-Fried (SBF), Caroline Ellison, and Ryan Salame to return to court as its legal case against the defunct exchange drags on. Back ...