Shares of the crypto exchange Gemini rose 32.2% in their Nasdaq debut, reaching a valuation of US$4.4 billion after the company raised US$425 million by selling shares at a price of US$28. The company’s IPO was 20 times oversubscribed, marking a significant turnaround for the exchange following years of regulatoryContinue Reading
The crypto exchange Gemini is raising the price target for its initial public offering (IPO), now aiming for a valuation of over US$3 billion as it prepares to debut on Friday under the ticker GEMI. The company’s revised SEC filing shows it plans to sell 16.67 million shares at aContinue Reading
Gemini has overtaken Coinbase in the US finance app charts after launching an XRP rewards credit card. The limited-edition card offers up to 4% instant cashback in XRP on purchases. Coinbase still leads in core metrics recording US$4.54B (AU$7.00B) versus Gemini’s US$382.49M (AU$590.23M). Gemini has climbed ahead of Coinbase inContinue Reading