Gemini’s Big Leap: 16.7 Million Shares and a Nasdaq Debut – Who Said Crypto Was Boring?

Well, hold onto your hats, finance fans! Gemini’s just announced a stunning plan to go public – yes, you read that right, an Initial Public Offering (IPO), because apparently, crypto companies like to fancy themselves as legit grown-up businesses now. They’re offering an eye-watering 16.7 million Class A shares, each priced somewhere between $17 and $19 – because, you know, who doesn’t love a good price range when you’re trying to impress the market?

And guess what? The ticker symbol is “GEMI” – because apparently, simplicity is the new black in stock symbols. Leading this IPO treasure hunt are the usual suspects: Goldman Sachs and Citigroup, the financial world’s equivalent of rock stars, with Morgan Stanley and Cantor joining the party. It’s a veritable who’s who of Wall Street’s finest.

This move is a bold, shiny step forward for Gemini, aiming to expand its dominion in the wildly competitive cryptocurrency exchange universe. If it all sounds a bit like a scene from a soap opera, well – you’re not wrong. Stay tuned, because in the world of crypto IPOs, the drama never ends!

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2025-09-02 17:21