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Gemini IPO demand forces $425m hard cap after 20x oversubscription

Brian Danga
September 12, 2025
gemini-ipo-demand-forces-$425m-hard-cap-after-20x-oversubscription
Gemini IPO demand forces $425m hard cap after 20x oversubscription
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Gemini’s Nasdaq debut drew so many orders that the exchange reportedly capped proceeds at $425 million. The move breaks with IPO convention and shows both intense demand for crypto listings and a rare note of restraint from the Winklevoss-led firm.…

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