{"id":48316,"date":"2025-09-18T17:46:44","date_gmt":"2025-09-18T17:46:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48316"},"modified":"2025-09-18T17:46:44","modified_gmt":"2025-09-18T17:46:44","slug":"crypto-exchange-geminis-stock-trades-below-ipo-price-despite-days-gains","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48316","title":{"rendered":"Crypto Exchange Gemini&#8217;s Stock Trades Below IPO Price Despite Day\u2019s Gains"},"content":{"rendered":"<div>\n<p>Shares of Gemini (GEMI), the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, were trading under their IPO price of $28 on Thursday, changing hands at about $25.15. <\/p>\n<p>That marked a 2.5% gain on the day after the stock recouped earlier losses. The shares first broke below the IPO price on Wednesday.<\/p>\n<p>Gemini went <a href=\"https:\/\/www.coindesk.com\/business\/2025\/09\/10\/winklevoss-backed-gemini-prices-ipo-at-usd28-share-values-crypto-exchange-at-more-than-usd3b\">public<\/a> last week at $28 a share, valuing the company at more than $3 billion. The stock opened above the IPO price, at $37.01, and closed 14% higher. <\/p>\n<p>The offering raised $425 million through the sale of 15.2 million shares.<\/p>\n<p>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. <\/p>\n<p>As of the end of July, the crypto exchange held more than $21 billion of assets on its platform. <\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/16\/gemini-shares-slide-6-extending-post-ipo-slump-to-24\"><span style=\"text-decoration:underline\">Gemini Shares Slide 6%, Extending Post-IPO Slump to 24%<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Gemini (GEMI), the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, were trading under their IPO price of $28 on Thursday, changing hands at about $25.15. That marked a 2.5% gain on the day after the stock recouped earlier losses. The shares first broke below the IPO price on Wednesday. Gemini [&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-48316","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\/48316","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=48316"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48316\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}