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Gemini, the Winklevoss’ crypto exchange, pops more than 40% in Nasdaq debut
Shares of Gemini Space Station soared more than 40% on Thursday after the exchange operator raised $425 million in an initial public offering. The stock opened at $37.01 on the Nasdaq after its IPO priced at $28. At one point, shares traded as high as $40.71. The New York-based company priced its IPO late Thursday above this week’s expected range of $24 to $26, and an initial range of between $17 and $19. That valued the company at some $3.3 billion before trading began. Gemini, which primarily operates as a cryptocurrency exchange, was founded by the Winklevoss brothers in 2014 and held more than $21 billion of ... (full story)
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On today’s episode of CNBC Crypto World, shares of Gemini soar after the exchange operator raised $425 million in an initial public offering. Plus, Tether launches a new token for institutions in the United States. And, Roger Bayston, head of digital assets at Franklin Templeton, breaks down a new partnership between the investment giant and Binance.
From financefeeds.com | Sep 13, 2025
Coinbase has asked a federal court to order an expedited search of deleted text messages from former SEC Chair Gary Gensler, after the Office of Inspector General (OIG) confirmed that the agency erased nearly a year of his communications. The filing, made Thursday, comes amid Coinbase’s ongoing legal battle with the SEC, which sued the exchange in June 2023 ...
From decrypt.co | Sep 12, 2025
Coinbase has accused the U.S. Securities and Exchange Commission of “destroying” former Chair Gary Gensler’s text messages, with industry observers calling it a “credibility crisis” that could weaken the regulator’s position in future enforcement actions. "The Gensler SEC destroyed documents they were required to preserve and produce,” Coinbase Chief Legal ...
