Gemini's IPO Sees Massive Demand, Raises Price Range to $26
Gemini's IPO on Nasdaq has generated significant interest, leading to a hard cap of $425 million after being oversubscribed by 20 times. In response, the crypto exchange has raised its IPO price range to $24-$26 per share, aiming for a total raise of $435 million and a valuation of around $3.2 billion, reflecting strong market confidence in crypto listings.
Gemini's IPO Sees Massive Demand, Raises Price Range to $26
Gemini's IPO on Nasdaq has generated significant interest, leading to a hard cap of $425 million after being oversubscribed by 20 times. In response, the crypto exchange has raised its IPO price range to $24-$26 per share, aiming for a total raise of $435 million and a valuation of around $3.2 billion, reflecting strong market confidence in crypto listings.
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