Reported about 3 hours ago
The Winklevoss twins' cryptocurrency exchange, Gemini, saw its shares rise 32.2% in a strong Nasdaq debut, valuing the company at $4.4 billion. The IPO raised $425 million, reflecting a rebounding U.S. IPO market driven by friendly regulations and institutional adoption of digital assets. With a tumultuous history behind them, the Winklevoss twins now hold shares worth approximately $2.78 billion, signaling a turnaround for the exchange, which aims to expand and improve its financial standing amidst rising institutional interest.
Source: YAHOO