In brief
- Gemini is upsizing its IPO target, anticipating selling shares between $24-26.
- The firm initially expected to offer more than 16 million shares between $17-19.
- It will trade under the ticker GEMI when it hits the market, expected on Friday.
American crypto exchange Gemini increased its expected initial public offering (IPO) share price to a range of $24-26, potentially bringing the firm’s valuation north of $3 billion when it hits the market.
In an SEC filing dated September 9, the firm said it will offer 16,666,667 common shares of GEMI at the updated price range. Initially it anticipated offering the same amount of shares priced between $17-19.
“Financial markets are moving on-chain and digital assets are profoundly…
Sep 11 2025
