Gemini Soars 14% On Nasdaq Debut To Hit $3.8B Valuation

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Gemini Space Station, Exchange, which was founded by Tyler and Cameron Winklevoss, increased by 14 % in its first appearance on the Nasdaq Stock Exchange yesterday after the public subscription collected $ 425 million.

GEMI shares were traded for a brief period of $ 40 to give Gemini a rating of $ 4.75 billion, before the gains were closed at $ 32 with a rate of $ 3.8 billion.

Incredibly proud to be part of the amazing @twin a team! The launch of the public subscription today in nasdaq It was an unforgettable experience. pic.twitter.com/el6hye8e2w9

– Nathan IGNOFFO (@IGNOFFS) September 13, 2025

GEMINI increased when opening to trade at $ 37.01, with early early trading stop for ten minutes.

GEMI price scheme: Yahoo financing))

For the first time of Gemini reflects the performance of other general subscriptions

The fluctuations seen during the trading day in Gemini reflect the first trading sessions of other encryption lists this year.

Coin Coin (USDC) also witnessed the price of its Goa Parabolic share shortly after it appeared on the public market.

Likewise, Peter Thiel, backed by its shares, witnessed its first trading day at $ 102, which is much higher than the public subscription price of $ 37 per share. Then recover the price of Bullish to close the day at $ 68.

Another encryption company called Figure Technology Solutions appeared for the first time earlier this week. Today, her shares closed approximately 24 % higher.

Other encryption companies are now looking to enter the public arena, including BITGO, Grayscale and Kraken.

Gemini Founders say this is just the beginning of encryption

GEMINI was founded in 2015 by Twinkvoss Twins. Talk to interview With CNBC yesterday, the founders participating in the stock exchange said that the encryption market is still in its early stages.

They pointed out that when the platform was launched, the only encryption in the market was Bitcoin (BTC), which was circulated by about $ 380 at that time. Since then, the price of the Crypto market has become equivalent, trading at $ 115,768.77 as of 1:00 pm EST time, data from CoinMarketcap offers.

Bitcoin price scheme BTC price scheme (Source: Coinmarketcap))

And they expected that bitcoin would eventually trade a million dollars per currency, describing the digital assets “Gold 2.0”.

And they said during the interview: “We believe that there is easily 10x from here, and it is still really early,” they said during the interview.

The participating Gemini founders said that the “Project Crypto” initiative revealed by the US Securities and Stock Exchange Committee (SEC) and the GEMINI’s private partnership with Nasdaq shows that the dependence of encryption “has just started.”

When asked if Bitcoin may eventually stop its appreciation and become a transaction currency, Twinkvoss Twins said they don’t see things this way. They repeated that Bitcoin is “Gold 2.0”, noting that no one buys coffee with gold.

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