Gemini Space Station, Inc.

Gemini Space Station, Inc. (GEMI) priced its initial public offering on Sep 15, 2025 at $28.00 per share, raising $425M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $3.28B. Goldman Sachs was lead-left underwriter, joined by Citigroup, Morgan Stanley and Cantor and others. Skadden, Arps and Brownstein Hyatt Farber Schreck advised the company and Davis Polk advised the underwriters.

Gemini Space Station, Inc. is a founder-led digital asset company co-founded by Tyler and Cameron Winklevoss. Its Gemini Trust is a limited-purpose trust company chartered by the NYDFS, and its foreign subsidiaries hold licenses in the U.K., Ireland and Singapore.

Status

IPO

Ticker

GEMI

Exchange

Nasdaq Global Select

Priced

Sep 15, 2025

IPO price

$28.00

Raised

$425M

Market cap at IPO price

$3.28B

First filed

Aug 15, 2025

Underwriters

Goldman Sachs, Citigroup, Morgan Stanley, Cantor, Evercore ISI, Mizuho, Truist, Cohen & Company Capital Markets, Stifel, Needham, Rosenblatt and Academy Securities

Company counsel

Skadden, Arps and Brownstein Hyatt Farber Schreck

Underwriters' counsel

Davis Polk

Sector

Financials

Country / state

NY

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.