Gemini Increases IPO to $425 Million, Aiming for $3 Billion Valuation by Winklevoss Twins' Crypto Exchange
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: benzinga_crypto
Updated: Sep 12 2025Gemini's IPO Success: Cryptocurrency exchange Gemini raised $425 million in its initial public offering, pricing shares at $28, above the expected range of $24 to $26, valuing the company at $3.32 billion.
Market Position and Future Plans: Gemini is set to trade on Nasdaq under the ticker "GEMI" and is the third publicly traded crypto exchange, following Coinbase and Bullish, despite reporting a net loss of $282.5 million in the first half of 2025.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
