Gemini IPO Targets $2.22B Valuation – Will Winklevoss Pull It Off?
Gemini, the New York-based cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is aiming for a $2.22 billion valuation in its U.S. IPO. The move signals renewed optimism among digital asset platforms as public market interest rebounds.
The company plans to sell 16.67 million shares at $17 to $19 apiece, potentially raising $317 million. Shares will trade on Nasdaq under the ticker "GEMI," with Goldman Sachs and Citigroup leading the offering.
This listing represents a significant milestone for one of the earliest regulated U.S. crypto exchanges, testing investor appetite for crypto-native companies in public markets.