Gemini IPO plans to raise up to $317 million by offering roughly 16.6 million Class A shares at an initial target of $17–$19 per share, valuing the exchange near $2.3 billion; Goldman Sachs, Citigroup, Morgan Stanley and Cantor Fitzgerald are listed as lead underwriters.
-
Gemini aims to raise up to $317 million via IPO
-
Initial target share price: $17–$19; roughly 16.6 million Class A shares planned.
-
Valuation implied near $2.3 billion; lead underwriters include Goldman Sachs, Citigroup, Morgan Stanley, Cantor Fitzgerald.
Gemini IPO: Exchange aims to raise up to $317M at $17–$19 per share; 16.6M Class A shares, valuing Gemini near $2.3B. Read details and implications.
What is the Gemini IPO?
Gemini IPO is a planned public offering in which the crypto exchange intends to raise up to $317 million by selling approximately 16.6 million Class A shares at an initial target price of $17–$19 per share. The filing implies a near $2.3 billion valuation and names four lead underwriters.
How much is Gemini raising and what are the offering terms?
Gemini filed for an offering to raise up to $317 million, targeting an initial price range of $17 to $19 per share for roughly 16.6 million Class A shares. Lead underwriters listed are Goldman Sachs, Citigroup, Morgan Stanley and Cantor Fitzgerald. The company has not set a public debut date but indicated the offering is imminent.
Why does Gemini’s IPO matter to investors and the market?
The Gemini IPO matters because it signals renewed investor appetite for regulated crypto firms and follows recent high-profile crypto listings. Comparable recent listings—such as Circle and Bullish—saw strong first-day performance, which can influence investor expectations and secondary-market demand for Gemini shares.
Quick comparison: recent crypto-related IPOs
| Company | Reported IPO outcome | Notes |
|---|---|---|
| Gemini | Target raise $317M; 16.6M Class A shares; $17–$19 range | Valuation ~ $2.3B; lead underwriters named |
| Circle (stablecoin issuer) | First-day price surged over 4x initial target | Strong debut and sustained performance |
| Bullish | First-day price more than tripled target; valuation > $12B | High initial demand for crypto exchange listings |
How could regulatory context affect the Gemini IPO?
Regulatory developments materially affect valuation and investor appetite. Gemini has had a high-profile regulatory relationship with the SEC, including a paused lawsuit related to its lending program. The broader U.S. regulatory backdrop, including recent stablecoin and crypto policy actions, will be a key factor for institutional and retail investors.
What underwriters and market signals accompany the IPO?
Goldman Sachs, Citigroup, Morgan Stanley and Cantor Fitzgerald are listed as lead underwriters on Gemini’s filing. These banks provide distribution capacity and institutional channels that can influence demand, pricing and aftermarket liquidity.
Frequently Asked Questions
How much equity will Gemini sell in the IPO (long-tail keyword)?
Gemini plans to offer roughly 16.6 million Class A shares in the IPO. The exact percentage of total equity depends on post-offering share count, which will be finalized in the prospectus and pricing process.
What should investors watch on the IPO day (voice search query)?
Watch the final priced share range, underwriter demand, opening trade volume, and regulatory headlines. These real-time signals determine immediate market reaction and aftermarket liquidity.
How to evaluate the Gemini IPO
Key Takeaways
- Planned raise: Gemini intends to raise up to $317 million via an IPO of ~16.6M Class A shares.
- Target pricing: Initial range set at $17–$19 per share, implying ~ $2.3B valuation.
- Market context: The filing follows strong market debuts from crypto-adjacent listings and is underwritten by major banks.
Conclusion
Gemini’s planned IPO, targeting up to $317 million at $17–$19 per share, positions the exchange to capitalize on renewed investor interest in regulated crypto firms. Investors should weigh valuation, underwriter demand and regulatory context. COINOTAG will update this story as pricing and a listing date are confirmed.
Published: 2025-09-02 | Author: COINOTAG | Updated: 2025-09-02
