showcasing – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 13 Sep 2025 11:03:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 showcasing – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Gemini shares hit $40 within hours of Nasdaq debut, showcasing Wall Street’s crypto appetite https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/ https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/#respond Sat, 13 Sep 2025 11:03:04 +0000 https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/

Gemini made a strong entrance on Wall Street on Sept. 12, with its stock price surging over 50% within the intial hours of their first day of trading on the Nasdaq.

The stock, listed under the symbol GEMI, opened at $28 per share and quickly advanced in the opening hours.

Prices briefly touched $40 before settling near $33 by midafternoon, leaving Gemini with a market capitalization of roughly $1.3 billion, according to Yahoo Finance.

The closing price represented a gain of about 24% from its offering level.

Strong debut

Gemini raised approximately $425 million by selling 15.2 million shares. The final offer price exceeded both its original range of $17 to $19 per share and a later revision that set expectations between $24 and $26.

Following a few weeks of rumors, the exchange filed its registration statement with the Securities and Exchange Commission on Sept. 2 and reached the public market just 10 days later, reflecting investor demand for digital asset exposure.

While not among the largest exchanges by trading activity, Gemini has built a reputation in the U.S. for emphasizing compliance and security. Trading on its platform accelerated in the days before the IPO.

Wave of crypto listings

The debut adds to a string of successful crypto-linked listings in 2025. Stablecoin operator Circle launched on the New York Stock Exchange earlier this year, with shares climbing from a $31 debut price to above $60, valuing the firm at more than $33 billion.

Blockchain financial firm Figure Technology Solutions also completed its IPO this week, notching a 24% first-day jump followed by additional gains.

Taken together, the listings highlight a resurgence of Wall Street interest in digital-asset equities, with investors seeking exposure to crypto companies after years of market volatility.

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