Gemini IPO pricing is set at $24-26, with a valuation of $3.1 billion highlighting the institutionalization trend in the encryption industry.

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[Coin World] Gemini's IPO issuance price is between $24 and $26 per share, with a valuation of $3.1 billion, reflecting the shift of the Crypto Assets industry towards institutional financing. The exchange underwent restructuring under the leadership of "Moonbase" in Florida to comply with clearer U.S. regulations, including updated rules from the SEC (SEC) and CFTC (CFTC). Nasdaq's $50 million investment and the integration of custody services highlight institutional partnerships. Despite a net loss of $282.5 million in the first half of 2025, the IPO was still oversubscribed, indicating that investors are confident about future custody and stake service revenues.

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GateUser-a5fa8bd0vip
· 19h ago
Enter a position bullish, just do it!
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MetamaskMechanicvip
· 09-10 16:42
Even after losing so much, it can still be funded. Capital is really crazy.
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DaisyUnicornvip
· 09-10 16:41
How can there be an oversubscription after such a big loss? The little flowers in the Chain Community are really rich!
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GateUser-74b10196vip
· 09-10 16:28
How can they dare to go public after losing so much?
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FlashLoanPrincevip
· 09-10 16:20
The valuation is just one Bitcoin.
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