Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
Bitcoin (BTC) and cryptocurrency exchange Gemini (GEMI), founded by twins Tyler and Cameron Winklevoss, experienced a major debut on the Nasdaq, soaring nearly 40% following the company’s initial public offering (IPO), which raised $425 million. Gemini Success On Nasdaq Debut Based in New York, Gemini priced its IPO late Thursday above the anticipated range of $24 to $26, reflecting strong investor interest. This valuation positioned the company at approximately $3.3 billion before trading commenced. Related Reading: Ethereum (ETH) On The Brink Of A Major Supply Crisis: What It Means For....
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Crypto Exchange Gemini has reportedly secured American stock exchange Nasdaq as a strategic partner with a $50 million investment ahead of its Initial Public Offering (IPO) this week. Related Reading: BitMine’s Ethereum Treasury Hits New Milestone With 2 Million ETH Holdings Nasdaq To Back Gemini With Strategic Investment On Tuesday, Reuters reported that Nasdaq is set […]
Cameron and Tyler Winklevoss aren't shy about issuing bold predictions for Gemini, their recently revealed bitcoin exchange project. Calling it the "NASDAQ or Google of bitcoin", the president and CEO, respectively, believe Gemini will be the fully regulated, fully compliant and fully banked institution the US bitcoin ecosystem needs to develop to its full potential. In a new interview with CoinDesk, the brothers - prominent bitcoin investors and two of the largest-known holders of bitcoin - opened up about Gemini, discussing why they feel the exchange can become the market leader in what....
Crypto exchange Coinbase released its Q1 2021 figures last week, earning the company many plaudits. The key headline was its $1.8bn revenue for the quarter. But the figures also revealed an uptick in both retail and institutional growth. Coinbase Goes Mainstream Coinbase is expected to debut on the Nasdaq, via a direct listing, on April […]
Gemini Trading, the bitcoin and ethereum exchange founded by Tyler and Cameron Winklevoss, is set to begin hosting daily bitcoin auctions. While such auctions are commonplace as a way to determine more accurate closing prices for the New York Stock Exchange or Nasdaq, Gemini is positioning the auction as more than a first for its exchange. Tyler Winklevoss told CoinDesk: "It's the first ever end-of-day auction on a bitcoin exchange. It's a pretty standard feature on traditional exchanges that didn't exist on a bitcoin exchange until now." The launch represents the latest effort....
The U.S. Securities and Exchange Commission (SEC) has greenlighted Coinbase’s initial public offering via a direct listing on Nasdaq, the company has confirmed. Coinbase’s IPO is set to debut in two weeks, on April 14. Coinbase IPO to Debut in 2 Weeks Coinbase Global Inc. announced Thursday that the U.S. Securities and Exchange Commission (SEC) has declared its registration statement relating to its initial public offering (IPO) effective. The company has also set a date for its IPO, stating: Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq....