Web3 IPOs Surge as Gemini’s Offering Over-Subscribed by 20 Times

Gemini, a prominent crypto exchange, has seen its upcoming initial public offering (IPO) receive an overwhelming response from investors. The offering is reportedly oversubscribed by more than 20 times, signaling the continued allure of blockchain and cryptocurrency companies for investment capital. This surge follows similar trends in recent years as web3 technologies gain traction.