Winklevoss Twins’ Gemini Hits $4.4 Billion Valuation In Strong Nasdaq Debut
Posted On September 13, 2025
Shares of Gemini Space Station Inc. (NASDAQ:GEMI) surged 32.2% during their first day of trading on Friday, bringing the cryptocurrency exchange’s total value to $4.4 billion and signaling a renewed interest from investors in digital assets.
Check out the current price of GEMI stock here.
Strong Market Opening Above IPO Price
The company’s shares debuted at $37.01, significantly higher than the initial public offering price of $28. Gemini raised $425 million by selling around 15.2 million shares, according to a Reuters report. The initial price range for the offering was set at $24-$26 per share but was raised due to high investor demand.
Crypto IPO Wave Drives Market Recovery
Gemini’s debut marks the conclusion of …
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