Crypto exchange Gemini has significantly increased its initial public offering (IPO) target to $433.3 million, prompting an adjustment of the share price range to $24–$26 from a previous range of $17–$19. This upsizing reflects strong investor demand and a recent private placement by Nasdaq Inc., as indicated in SEC filings. 💸 The revised IPO is poised to value Gemini at $3.1 billion. Despite the increased valuation, the offering remains capped at 16.7 million shares, with investor enthusiasm driving it into oversubscribed territory. 🚀 Sources suggest that this has led to a deal exceeding initial expectations and prompting a heightened level of interest in the market.