Shares of Gemini Space Station, the billionaire Winklevoss twins’ crypto firm, jumped about 32% at the open Friday in the company’s New York Stock Exchange debut — trading at $37.01 on the Nasdaq under the ticker symbol “GEMI.”
Shares of Gemini Space Station, the billionaire Winklevoss twins’ crypto firm, jumped about 32% at the open Friday in the company’s New York Stock Exchange debut — trading at $37.01 on the Nasdaq under the ticker symbol “GEMI.”
Gemini, which primarily operates as a crypto exchange, had priced its initial public offering at $28 per share late Thursday, above its expected range of $24 to $26, according to Bloomberg.
That valued the firm – which was founded in 2014 and holds over $21 billion of assets – at $3.3 billion.
Gemini capped the value of the offering at $425 million and sold 15.
