Gemini Space Station
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Gemini Jumps in Nasdaq Debut
Gemini Space Station shares surged up to 40% in its Nasdaq debut after raising $425 million in its IPO, exceeding expectations and valuing the company at $3.3 billion. The IPO signals growing confidence in the digital asset industry. Founded in 2014 by the Winklevoss brothers, Gemini has become a major crypto exchange, holding over $21 billion in assets. Despite reporting net losses, Gemini offers diverse services and the Winklevoss brothers remain bullish on Bitcoin, predicting it could reach $1 million and advocating for strategic regulation.