The Winklevoss twins just got some fantastic news about their crypto exchange. Gemini had to raise their IPO target because way more people wanted in than they expected. They’re now looking at $433 million instead of their original plan, and honestly, that’s a pretty big jump.
What happened was simple. They started out thinking they’d price shares between $17 and $19 each. But then investors came knocking so hard that they had to bump it up to $24-$26 per share. When demand gets that crazy, you know something good is happening.
The really cool part is that Nasdaq decided to throw $50 million into the mix. That’s not just money though. It means Nasdaq actually believes in what Gemini’s doing enough to put serious cash behind it. Plus, they’re setting up a partnership where Gemini handles custody and staking services for Nasdaq’s clients.
At the top price range, Gemini would be worth about $3.1 billion. Not bad for a company that started in 2014 when most people thought Bitcoin was just internet funny money. They’ve come a long way from those early days when crypto was still this weird thing only tech nerds talked about.
The timing feels pretty perfect too, especially after Circle had such a successful public debut earlier this year.c
Conclusion
Gemini’s IPO story shows how far crypto has come—from niche skepticism to mainstream backing. With strong demand, Nasdaq’s support, and perfect timing, the Winklevoss twins look set for another milestone.
Also Read: Achieve Continuous Growth of Your Digital Assets
