Gemini Shares Surge 40% Following $28 Nasdaq IPO Amid Crypto Market Rally

Main notes

• The exchange of cryptocurrencies collected $ 425 million with the demand that exceeds the available shares by more than 20 times during the public subscription.
• Winklevoss Twins now controls a $ 3.07 billion while maintaining a 94.5 % voting authority in the company in public.
• The encryption companies raised approximately $ 16 billion in 2025, driven by the increasing organizational and institutional adoption.

The Cryptocurrency Excination Gemini Space Station, founded by Twins Cameron and Tyler Winklevoss, started trading on the Nasdaq Stock Exchange on September 12 at $ 28 per share, raising $ 425 million in its first year offer.

According to her press statementThe stock opened at $ 37.01 and more than 40 % rose during the first trading session, with a peak of $ 40.71 before settling about 35 dollars by midday.

The trading volume was large, as more than 3.2 million hands changed in the first few hours. The stocks witnessed great fluctuations, which led to a trading stopping within the first hour due to price fluctuations that exceed Nasdaq’s acceptable thresholds. The first pause occurred just 10 minutes after the market was opened when the shares jumped over $ 45, According to Yahoo! finance.

The appearance of Guemini General follows the unusual benefits of investors, as the demand available exceeds 20 times. The stock exchange and bankers made its unusual decision, with the maximum continuation of the first public offers (IPO), with $ 425 million, while reducing the number of shares from 16.67 million to 15.2 million shares.

Winklevoss Twins, which has 75.37 million shares through Winklevoss Capital Fund LLC, has witnessed its shared share of $ 3.07 billion at current trading prices. The brothers control 94.5 % of the company’s voting force.

The ETC is accelerating with institutional support

The General IPO is the latest teacher in a large wave of cryptocurrencies and blocks that enter the American public markets throughout 2025. This trend was fed with organizational clarity – for example, the verb of the genius – constitutional adoption, and the performance of the strong market in the digital assets sector.

The Crypto IPO momentum with Circle, a STABLECOIN source behind USDC, which achieved one of the most successful in the year a year. Another example is the bullish exchange, with the support of Peter Thil, who completed the subscription subscriptions of $ 1.1 billion in August at $ 37 per share. The stock doubled more than weakness on its first day, reaching $ 68 and achieving a market rating exceeding $ 10 billion.

In addition, Figure Technology Solutions, a Blockchain credit company, has priced the subscription of the public at $ 25 per share on September 10, and targeted an evaluation of $ 5.3 billion on the Nasdak Stock Exchange. The shares of the company jumped over 24 % on their backs and continued to rise in subsequent sessions.

Organizational clarity pays expansion in the public market

The favorable organizational developments and institutional acceptance of digital assets have supported the increase in public subscription encryption. The approval of the federal frameworks has encouraged Stablecoins more coding companies to follow the general lists as the founding investors show an increasing appetite for digital assets.

Many prominent cryptocurrencies are preparing for the first time. The Excination Kraken operator works for a list in early 2026 and explores up to one billion dollars in debt financing. The giant of gray assets management also provided a secrecy for the potential subscription to the Public subscription after its success in Bitcoin

BTC
116 dollars 077



24 hours fluctuation:
1.4 %


The maximum market:
2.31 dollars R.



Folder. 24h:
$ 51.68 b

ETF Market.

The encryption companies have Up to $ 16 billion in 2025Exceeding 2024 by about $ 6 billion. Industry expectations indicate that the collection of encryption can reach $ 25 billion for the entire year, driven by the development of infrastructure, organizational compliance, and institutional class solutions.

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