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.