Gemini IPO Price Set: Winklevoss Crypto Exchange Goes Public

Here’s a breakdown of ⁣the key information from the provided text regarding Gemini’s IPO:

* IPO Price: $28 per ‍share, above the expected range of $24-$26.
* Company Valuation: $3.3 billion.
* Amount Raised: $425​ million from ​the sale of 15.2 ‌million shares ‌(initially marketed 16.67 million shares).
* Stock ticker: GEMI (on the Nasdaq).
* ​ Underwriters: Goldman Sachs, Citigroup, adn Morgan​ Stanley.
* Retail Investor Access: Up to 30% of shares are reserved for retail ⁤investors through platforms⁤ like ‍Robinhood, SoFi, Futu⁢ Securities, Moomoo⁣ Financial,⁢ and ⁤Webull.
* Company Overview: Founded in 2014 by Cameron and Tyler Winklevoss, ​Gemini is a⁢ cryptocurrency exchange holding over ⁤$21 billion ⁤in assets (as of July).
* Significance: This IPO is being ⁤watched to gauge the continued investor interest⁢ in crypto companies going public.