Gemini (GEMI) stock soars in Nasdaq debut amid crypto IPO boom

Gemini (GEMI) stock soars in Nasdaq debut amid crypto IPO boom

Gemini’s $425 million Nasdaq debut marks the latest in a wave of blockbuster crypto IPOs, as investor demand surges for digital asset equities. Shares of Gemini Space Station (GEMI), the digital asset exchange founded by Cameron and Tyler Winklevoss, surged in their market debut on Friday, signaling strong institutional appetite for crypto-related equities. Gemini shares…

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Web3 IPOs remain hot with Gemini’s '20X oversubscribed,' Figure debut jumping 24%

Web3 IPOs remain hot with Gemini’s '20X oversubscribed,' Figure debut jumping 24%

The crypto exchange capped proceeds at $425 million after reportedly halting new orders, with Nasdaq among its investors. Gemini’s upcoming initial public offering (IPO), expected Friday, has reportedly been oversubscribed more than 20 times, as crypto and blockchain companies continue to attract investor attention. According to Reuters on Thursday, citing people familiar with the matter,…

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