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Gemini Jumps on Nasdaq Debut, Hitting $4.4 Billion Valuation
Yahoo Finance·2025-09-13 02:10

Gemini debuted on the Nasdaq at a roughly 4.4billionvaluationonFriday,asthecryptoexchangessharesimmediatelyjumpedabovetheirinitialofferingprice.TheWinklevosstwinsfoundedfirmsstockopenedat4.4 billion valuation on Friday, as the crypto exchange’s shares immediately jumped above their initial offering price. The Winklevoss twins-founded firm’s stock opened at 37.01 apiece, a 32% increase compared to its upped IPO price of 28,accordingtoYahooFinance.ThatinitiallygaveGeminia28, according to Yahoo Finance. That initially gave Gemini a 3.32 billion valuation. The company previously targeted a range of 24to24 to 26 per share. Trading under the ticker symbol “GEMI,” Gemini was established in 2014, and it r ...