Crypto’s IPO hot streak is showing no signs of cooling after Gemini Space Station GEMI shattered expectations with its Nasdaq debut. The stock closed its first day of trading at $32 per share, a 14% bump from its IPO price. It held those gains on Monday, its first full day of trading.
This is the latest in a string of successful IPOs from an industry that has struggled through a series of high-profile scandals and collapses. Bullish BLSH and Circle Internet CRCL saw huge price jumps following their public debuts. On Thursday, the stock price for blockchain-based lender Figure Technology Solutions FIGR rose over 24% during its first day of trading.
“Many felt the space was lackluster for exits and there weren’t any more potential…







