Winklevosses’ Crypto Firm Gemini Seeks $317 Million in IPO

Sept. 2, 2025, 11:49 AM UTC

Gemini Space Station Inc., a cryptocurrency exchange led by the billionaire Winklevoss twins, seeks to raise as much as $316.7 million in its initial public offering as the latest crypto business in line for a US listing.

The New York City-based crypto exchange and custodian plans to market 16.7 million shares for $17 to $19 each in its IPO, according to a filing with the US Securities and Exchange Commission on Tuesday.

At the top of that range, Gemini would have a market value of about $2.2 billion based on the outstanding shares listed in its filing.

WATCH: Gemini Space Station seeks to raise as much as $316.7 million in its initial public offering as the latest crypto business in line for a US listing. Bloomberg’s Monique Mulima reports. Source: Bloomberg

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