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Winklevoss twins-backed Gemini targets $2.2 billion valuation in US IPO
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Winklevoss twins-backed Gemini targets $2.2 billion valuation in US IPO
Sep 2, 2025 4:28 AM

Sept 2 (Reuters) -

Gemini is seeking a valuation of up to $2.22 billion in its

U.S. initial public offering, the cryptocurrency exchange said

on Tuesday, following a blockbuster debut by rival Bullish

earlier this year.

The company, backed by billionaire twins Cameron and Tyler

Winklevoss, plans to sell 16.67 million shares at $17 to $19

each, raising as much as $317 million at the top of the range.

Recent IPOs, including those of digital bank Chime

Financial ( CHYM ) and a space technology firm, drew strong

investor demand on their first day of trading.

Goldman Sachs and Citigroup are lead bookrunners on the

deal.

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