Gemini Raises IPO Price Range, Secures $50M Investment from Nasdaq
The post Gemini Raises IPO Price Range, Secures $50M Investment from Nasdaq appeared on BitcoinEthereumNews.com. Key highlights: Gemini lifts IPO price range to $24-$26 per share, targeting a valuation over $3 billion. Nasdaq to invest $50 million in Gemini through a private placement. IPO is significantly oversubscribed; trading on Nasdaq under “GEMI” expected to begin Friday. Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has raised the price range for its upcoming initial public offering and announced a strategic $50 million investment from Nasdaq. The move positions Gemini for a valuation exceeding $3 billion, signaling renewed investor enthusiasm for crypto-related public listings. IPO price range increased amid strong demand In an updated S-1 filing with the U.S. Securities and Exchange Commission (SEC), Gemini said it now aims to price its Class A common stock between $24 and $26 per share, up from its previous range of $17 to $19. At the top end of the range, the firm would raise up to $433.3 million by selling 16,666,667 shares. If underwriters exercise their option to purchase an additional 452,807 shares, the offering could increase further. $GEMI – @Gemini Gemini raises their initial price range to $24 – $26 per share and is supposedly “well-oversubscribed” In their most recent S-1/A, they also raised their retail investor IPO allocation from 10% to 30% of shares, giving $HOOD – @RobinhoodApp, $SOFI – @SoFi,… https://t.co/w6QPLNZAyM pic.twitter.com/9vrWKvjtxD — MNT on X (@MNTonX) September 10, 2025 The Gemini IPO is reportedly already significantly oversubscribed, with investors showing little price sensitivity. In response, Gemini has also increased the retail investor allocation to 30% of the offering, up from the original 10%, with shares accessible via platforms such as Robinhood and SoFi. Nasdaq takes $50M stake, deepens crypto integration In a parallel move, Nasdaq has agreed to purchase $50 million worth of Gemini’s Class A shares through a private placement at the…
The post Gemini Raises IPO Price Range, Secures $50M Investment from Nasdaq appeared on BitcoinEthereumNews.com.
Key highlights: Gemini lifts IPO price range to $24-$26 per share, targeting a valuation over $3 billion. Nasdaq to invest $50 million in Gemini through a private placement. IPO is significantly oversubscribed; trading on Nasdaq under “GEMI” expected to begin Friday. Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has raised the price range for its upcoming initial public offering and announced a strategic $50 million investment from Nasdaq. The move positions Gemini for a valuation exceeding $3 billion, signaling renewed investor enthusiasm for crypto-related public listings. IPO price range increased amid strong demand In an updated S-1 filing with the U.S. Securities and Exchange Commission (SEC), Gemini said it now aims to price its Class A common stock between $24 and $26 per share, up from its previous range of $17 to $19. At the top end of the range, the firm would raise up to $433.3 million by selling 16,666,667 shares. If underwriters exercise their option to purchase an additional 452,807 shares, the offering could increase further. $GEMI – @Gemini Gemini raises their initial price range to $24 – $26 per share and is supposedly “well-oversubscribed” In their most recent S-1/A, they also raised their retail investor IPO allocation from 10% to 30% of shares, giving $HOOD – @RobinhoodApp, $SOFI – @SoFi,… https://t.co/w6QPLNZAyM pic.twitter.com/9vrWKvjtxD — MNT on X (@MNTonX) September 10, 2025 The Gemini IPO is reportedly already significantly oversubscribed, with investors showing little price sensitivity. In response, Gemini has also increased the retail investor allocation to 30% of the offering, up from the original 10%, with shares accessible via platforms such as Robinhood and SoFi. Nasdaq takes $50M stake, deepens crypto integration In a parallel move, Nasdaq has agreed to purchase $50 million worth of Gemini’s Class A shares through a private placement at the…
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