Gemini Stock Surges 45% After IPO
@Gemini priced its IPO at $28 per share, raising $425 million despite a $283 million net loss in H1 2024. Stock jumped 45% in early trades. #Update #Crypto $BTC
@Gemini priced its IPO at $28 per share, raising $425 million despite a $283 million net loss in H1 2024. Stock jumped 45% in early trades. #Update #Crypto $BTC
@Gemini revises its IPO pricing, targeting a valuation above $3 billion with shares priced at $24-$26. The Nasdaq debut is set for September 12, 2025. #Update #Crypto $GEMI
Brian Quintenz accused @Gemini co-founder Tyler Winklevoss of trying to block his CFTC chair appointment after Quintenz refused to support Gemini’s dispute with the CFTC, revealing private messages to substantiate claims. #Update #Crypto
@Gemini has increased its IPO price range to $24-$26 per share, aiming to raise over $430 million at a valuation of approximately $3.1 billion. #Update #Crypto $GEMI
@Apple has lifted iOS restrictions on NFT and crypto payments, while @Google enhances Gemini AI with new image editing features. #Update #Crypto (+3) ↗
@Gemini has reportedly filed for an IPO with @GoldmanSachs and @Citi, following the closure of an SEC investigation. Discussions are ongoing. #Update #Crypto (+3) ↗
@Gemini has confidentially filed for a U.S. IPO with assistance from Goldman Sachs and Citigroup, following legal resolutions with the SEC and CFTC. #Update #Crypto (+4) ↗
The SEC pauses legal proceedings against @justinsuntron and concludes its investigation into @Gemini, reflecting regulatory adjustments in the crypto sector. #Update #Legal (+3) →
DailyHodl: @Gemini is considering an IPO in 2025, as reported by Bloomberg, amid ongoing discussions and regulatory changes under President Trump. #Update #Crypto (+3) ↗
Hodl.Press: @Gemini will not hire MIT graduates while Gary Gensler teaches there, highlighting tensions between crypto exchanges and regulatory figures. #Update #Crypto (-4) ↘
In a unique chess tournament organized by International Chess Master Levy Rozman, the specialized engine Stockfish defeated generative AI models like @OpenAI’s ChatGPT and Google’s Gemini, highlighting the contrast between traditional engines and AI-driven models. #Update #Tech @OpenAI → 0
@Gemini appoints Mark Jennings and Daniel Slutzkin to lead European expansion amid upcoming MiCA regulations, signaling growth in digital assets. Vijay Selvam becomes international general counsel. • #Update • #Crypto • @Gemini • (+6) • ↗
@Gemini agreed to pay $5M to settle a CFTC case over misleading statements about bitcoin futures manipulation, avoiding trial. The settlement includes an injunction against future misstatements. • #Breaking • #Legal • @Gemini • (+8) • ↗
@GeminiTrustCo settles with CFTC for $5M over claims of misleading information on Bitcoin futures contract proposal, avoiding trial set for Jan 2025. This marks a significant regulatory action under Biden as Trump prepares for second term. • #Breaking • #Legal • @GeminiTrustCo • (+8) • ↗