{"id":47138,"date":"2025-09-12T03:46:36","date_gmt":"2025-09-12T03:46:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47138"},"modified":"2025-09-12T03:46:36","modified_gmt":"2025-09-12T03:46:36","slug":"gemini-upsizes-ipo-to-raise-425-million-winklevoss-twins-founded-crypto-exchange-targets-3-billion-valuation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47138","title":{"rendered":"Gemini Upsizes IPO To Raise $425 Million, Winklevoss Twins-Founded Crypto Exchange Targets $3 Billion Valuation"},"content":{"rendered":"<div>\n<p>Cryptocurrency exchange <strong>Gemini <\/strong>raised $425 million in an initial\u00a0public offering, pricing its shares above the expected range, according to an announcement made late Thursday.<\/p>\n<h2 class=\"wp-block-heading\">Gemini Potentially Worth Over $3.2 Billion<\/h2>\n<p>The company, founded\u00a0by billionaire twin brothers <strong>Cameron <\/strong>and <strong>Tyler Winklevoss<\/strong>, sold approximately 15.178 million shares at $28 each. This exceeded the initially projected range of <a href=\"https:\/\/www.benzinga.com\/insights\/ipos\/25\/09\/47622958\/gemini-space-station-inc-ipos-tomorrow-heres-what-you-need-to-know\">$24 to $26 per share<\/a>. <\/p>\n<p>This values the company, listed as <strong>Gemini Space Station <\/strong>in SEC filings, at $3.32 billion on a\u00a0non-diluted basis, based on the 118,783,069\u00a0outstanding shares previously disclosed. <\/p>\n<p>Gemini is expected to begin trading on Nasdaq under the ticker \u201cGEMI\u201d\u00a0on Friday. <strong>Goldman Sachs Group Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GS#NYSE\">GS<\/a>) and <strong>Citigroup Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/C#NYSE\">C<\/a>) are the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47635929\/gemini-upsizes-ipo-to-raise-425-million-winklevoss-twins-founded-crypto-exchange-targets-3-\" alt=\"Gemini\" upsizes ipo to raise million winklevoss twins-founded crypto exchange targets billion valuation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Gemini raised $425 million in an initial\u00a0public offering, pricing its shares above the expected range, according to an announcement made late Thursday. Gemini Potentially Worth Over $3.2 Billion The company, founded\u00a0by billionaire twin brothers Cameron and Tyler Winklevoss, sold approximately 15.178 million shares at $28 each. This exceeded the initially projected range of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47138","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47138"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47138\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}