Reported about 16 hours ago
Shares of Gemini Space Station, the cryptocurrency exchange founded by the Winklevoss brothers, surged over 60% upon its debut on the Nasdaq before settling to a 14% increase, valuing the company at about $1.4 billion. The IPO was priced at $28 and raised $425 million, reflecting a significant interest in crypto-related investments amid a rising trend in valuations and successful market entries for crypto companies.
Source: YAHOO