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Gemini IPO Soars: Winklevoss-Backed Exchange Hits $28/Share, Nabs $3B Valuation
Gemini IPO Soars: Winklevoss-Backed Exchange Hits $28/Share, Nabs $3B Valuation
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Wall Street meets crypto—again. Gemini, the exchange founded by Cameron and Tyler Winklevoss, just priced its IPO at $28 per share, catapulting the firm to a valuation north of $3 billion.
Market Momentum or Hype Cycle?
Investors piled into the offering, betting big on Gemini’s regulated approach and institutional foothold. The move signals growing confidence—or FOMO—in crypto infrastructure plays, even as regulators keep a wary eye.
Not everyone’s buying the buzz. Skeptics whisper that $3 billion might be a little rich for a business still wrestling with crypto’s notorious volatility—and the occasional 'unplanned' trading halt.
Either way, the Winklevoss twins just turned digital gold into a very real payday. Again.
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