Gemini IPO Aims at $3B Valuation 🚀

[etfs]

The Winklevoss twins’ exchange, Gemini, is prepping its IPO at $24–26/share, up from initial $17–19.

Highlights:

Valuation target: $3 billion

Expected raise: $433M

Nasdaq itself is buying 2.1M shares

Exchange volume has climbed to ~$200M daily

Takeaway: If successful, Gemini’s IPO could set a precedent for crypto-native companies tapping public markets — and signal Wall Street’s appetite for regulated exchanges.