Crypto Exchange Gemini Prices at $28, Raising $425 Million In US IPO, Trading on Nasdaq Friday
UPDATE 1-Crypto exchange Gemini raises $425 million in US IPO, Bloomberg News reportsAdds details and background. Sept 11 - Gemini Space Station raised $425 million in an initial public offering, pricing its stock above a marketed range and shrinking the number of shares, Bloomberg News reported on Thursday, citing a person familiar with the matter. The cryptocurrency firm led by the billionaire Winklevoss twins sold about 15.2 million shares for $28 each after marketing them for $24 to $26 apiece, the report said.Gemini did not immediately respond to a Reuters request for comment. Reuters could not immediately verify the report.