{"id":47370,"date":"2025-09-13T12:46:47","date_gmt":"2025-09-13T12:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47370"},"modified":"2025-09-13T12:46:47","modified_gmt":"2025-09-13T12:46:47","slug":"gemini-crypto-exchange-ipo-pops-14-as-winklevoss-twins-predict-1m-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47370","title":{"rendered":"Gemini Crypto Exchange IPO Pops 14% as Winklevoss Twins Predict $1M Bitcoin"},"content":{"rendered":"
\n

Gemini Space Station<\/a>, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, surged in its Nasdaq debut Friday after raising $425 million in an initial public offering.<\/p>\n

The company priced its IPO late Thursday at $28 a share, valuing Gemini at about $3.3 billion before trading began. That price was above the revised $24 to $26 range it set earlier in the week and well above the initial $17 to $19 range. The offering covered 15.2 million shares.<\/p>\n

On Friday, the stock opened at $37.01, a 32% premium to the offer price. Shares climbed as high as $45.89 during intraday trading before settling at $32, still 14% above the IPO level <\/a>by the close.<\/p>\n

Gemini, headquartered in New York, operates a suite of crypto services including a spot exchange, custody solutions for institutions, a U.S. dollar-backed stablecoin, a crypto rewards credit card, and staking products. As of the end of July, the company held more than $21 billion of assets on its platform. Filings show Gemini lost $159 million in 2024 and $283 million in the first half of 2025.<\/p>\n

The Winklevoss brothers, who became the first bitcoin billionaires after early investments in the cryptocurrency, appeared on CNBC\u2019s “Squawk Box” on the morning of the IPO. Tyler Winklevoss described<\/a> bitcoin as \u201cgold 2.0\u201d and said adoption remains in the \u201cfirst inning.\u201d He and his brother projected that bitcoin could reach $1 million within the next decade.<\/p>\n

Gemini\u2019s listing follows those of Coinbase (COIN) in April 2021<\/a> and Bullish (BLSH), which owns CoinDesk, last month<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gemini Space Station, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, surged in its Nasdaq debut Friday after raising $425 million in an initial public offering. The company priced its IPO late Thursday at $28 a share, valuing Gemini at about $3.3 billion before trading began. That price was above the revised $24 to […]<\/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-47370","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\/47370","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=47370"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47370\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}