{"id":58753,"date":"2025-09-02T20:07:47","date_gmt":"2025-09-02T20:07:47","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-exchange-gemini-seeks-2-2b-valuation-in-ipo-backed-by-wall-street-heavyweights\/"},"modified":"2025-09-02T20:07:47","modified_gmt":"2025-09-02T20:07:47","slug":"crypto-exchange-gemini-seeks-2-2b-valuation-in-ipo-backed-by-wall-street-heavyweights","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-exchange-gemini-seeks-2-2b-valuation-in-ipo-backed-by-wall-street-heavyweights\/","title":{"rendered":"Crypto Exchange Gemini seeks $2.2B valuation in IPO backed by Wall Street heavyweights"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/03_Businessman-hand-holding-IPO-word-with-wooden-cube-block-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/03_Businessman-hand-holding-IPO-word-with-wooden-cube-block-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/03_Businessman-hand-holding-IPO-word-with-wooden-cube-block-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/03_Businessman-hand-holding-IPO-word-with-wooden-cube-block-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"317\" data-end=\"538\">Gemini plans Nasdaq listing under ticker GEMI with $317M raise.<\/li>\n<li data-start=\"317\" data-end=\"538\">Winklevoss twins\u2019 exchange pitches itself as regulation-friendly.<\/li>\n<li data-start=\"317\" data-end=\"538\">IPO funds earmarked for tech upgrades, products, and debt reduction.<\/li>\n<\/ul>\n<p data-start=\"317\" data-end=\"538\">Gemini, the crypto exchange built by Cameron and Tyler Winklevoss, is gearing up for a public debut. The firm is looking to raise around $317 million through its IPO, which would put its valuation close to $2.2 billion.<\/p>\n<p data-start=\"540\" data-end=\"758\">The plan, outlined in fresh filings, calls for about 16.7 million shares to be sold at a price somewhere between $17 and $19 each. If the listing goes ahead, <a href=\"https:\/\/coinjournal.net\/news\/tag\/gemini\/page\/2\/\">Gemini<\/a> will trade on the Nasdaq under the ticker GEMI.<\/p>\n<p data-start=\"760\" data-end=\"1068\">For the Winklevoss twins, who have long pitched themselves as steady hands in the often-chaotic world of digital assets, this marks a notable milestone.<\/p>\n<p data-start=\"760\" data-end=\"1068\">Crypto markets remain unpredictable, but the past year has seen investors slowly wade back in. Gemini is hoping to seize that moment and see how much appetite there is for a crypto stock on Wall Street.<\/p>\n<h2 id=\"geminis-growth-story-and-market-position\" class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0 md:text-lg [hr+&amp;]:mt-4\">Gemini\u2019s growth story and market position<\/h2>\n<p>The exchange, launched in 2014 by Cameron and Tyler Winklevoss, has long pitched itself as one of the industry\u2019s more restrained operators.<\/p>\n<p>It has leaned on a reputation for playing by the rules, aiming its services at both casual traders and the institutional crowd.<\/p>\n<p>While competitors have often chased growth through riskier bets, Gemini built its brand around trust and oversight.<\/p>\n<p>Its offerings now stretch beyond basic Bitcoin and Ethereum trading to include a crypto rewards credit card and staking services.<\/p>\n<p>The strategy has delivered mixed results. Revenue climbed to $142 million last year on the back of stronger market activity, but the company still posted a net loss of $158 million in 2024 and losses have widened further in 2025.<\/p>\n<p data-start=\"523\" data-end=\"859\">To steady the business, Gemini says cash raised from the IPO will go toward new products, technology upgrades, and paying down debt.<\/p>\n<p data-start=\"62\" data-end=\"438\">Goldman Sachs, Citigroup, Morgan Stanley and Cantor Fitzgerald are leading the underwriting team, giving the deal heavyweight backing from Wall Street.<\/p>\n<h2 id=\"what-analysts-say-optimism-amid-industry-challenge\" class=\"mb-2 mt-4 font-display font-semimedium text-base first:mt-0 md:text-lg [hr+&amp;]:mt-4\">Optimism amid industry challenges<\/h2>\n<p data-start=\"114\" data-end=\"622\">Analysts say Gemini\u2019s IPO could be a key test of how much appetite remains for crypto-linked stocks after years of regulatory headaches and market swings.<\/p>\n<p data-start=\"114\" data-end=\"622\">An analyst with US Tiger Securities, noted that the timing looks favorable, pointing to recent debuts from Bullish and Circle as well as the rebound in crypto prices.<\/p>\n<p data-start=\"114\" data-end=\"622\">Supporters argue Gemini\u2019s emphasis on regulation and its efforts to court institutional clients give it an edge in a sector where scrutiny from Washington has only intensified.<\/p>\n<p data-start=\"114\" data-end=\"622\">Still, concerns linger. Gemini is running steep losses and faces stiff competition in an industry where Coinbase continues to hold the lion\u2019s share of trading activity.<\/p>\n<p data-start=\"114\" data-end=\"622\">The company has also had its share of regulatory headaches, among them, a dispute tied to the collapse of crypto lender Genesis and, more recently, a $5 million settlement with the Commodity Futures Trading Commission.<\/p>\n<p data-start=\"114\" data-end=\"622\">Those issues could weigh on how investors size up the deal.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/crypto-exchange-gemini-seeks-2-2b-valuation-in-ipo-backed-by-wall-street-heavyweights\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Gemini plans Nasdaq listing under ticker GEMI with $317M raise. Winklevoss twins\u2019 exchange pitches itself as regulation-friendly. IPO funds earmarked for tech upgrades, products, and debt reduction. Gemini, the crypto exchange built by Cameron and Tyler Winklevoss, is gearing up for [&hellip;]<\/p>\n","protected":false},"author":3947362395,"featured_media":58754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58753"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362395"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58753"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58754"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}