Gemini Raises $425 Million in IPO: Strong Debut Signals Crypto Market Growth

Gemini Space Station successfully completed its initial public offering (IPO) on Thursday, raising $425 million and exceeding investor expectations. This robust debut highlights the growing confidence in digital asset platforms as they increasingly seek to expand into public markets. The company priced 15.2 million shares at $28 each, well above the initial range of $24 to $26. This reflects a surge in investor interest for Gemini’s listing.