Gemini Plans Nasdaq IPO with 16.7 Million Shares

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-09-02 15:30:02

BTCCSquare news:

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is taking a significant step toward mainstream financial markets with its planned initial public offering. The company intends to list 16.7 million Class A shares on the Nasdaq exchange, pricing them between $17 and $19 apiece under the ticker symbol "GEMI."

Goldman Sachs and Citigroup are leading the underwriting syndicate, with Morgan Stanley and Cantor Fitzgerald also participating. This IPO represents a milestone for the crypto industry, demonstrating growing institutional acceptance despite recent market volatility.

The move comes as cryptocurrency exchanges face increasing competition and regulatory scrutiny. Gemini's public listing could provide the capital needed to expand its services and compete with larger rivals in the evolving digital asset landscape.

By:

Log in to Reply

Record Borrowing Fuels Chinese Equity Rally While Crypto Traders Hold Back

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.