The next initial public offer of Gemini (IPO), expected on Friday, would have been overwritten more than 20 times, while the Crypto and Blockchain companies continue to attract the attention of investors.
According to Reuters on Thursday, citing people familiar with the issue, Gemini and his bankers stopped accepting new shares commands Thursday, before the start of Crypto Exchange. This decision, called “unusual” in an IPO, would have capped the product at $ 425 million.
Gemini had initially increased his increase to $ 433 million, with his potential scholarship course between 24 and $ 26, from $ 17 to $ 19 at ground prices.
Among its investors, there is the Technology Stock Nasdaq Stock Exchange, which would buy $ 50 million in shares as part of a strategic partnership.
In another public rating, the actions of figure technologies made their debut Thursday at NASDAQ, with its actions jumping 24.4% on the first day of negotiation.
Figure, a blockchain -based market for financial products, had revised its list price several times as demand has increased for its IPO, investor offers increasing the share price to $ 25, against $ 18. The offer finally collected $ 787.5 million.
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Other Crypto stock exchange in 2025
Although the IPO to the Figure Stock Exchange was not successful, this did not correspond to the hunger of the investors for the Stablecoin Circle issuer and the exchange of bullish cryptocurrency. Circle had stimulated its IPO to raise $ 1 billion and saw its stock increase by 167% on the first day of negotiation. Bullish’s share price climbed up to 218% on the first day of negotiation.
Fund transmitter negotiated in exchange (ETF) Crypto Bitwise previously predicted that 2025 would be the year of the IPO. Applicants on his list to become public include Kraken cryptocurrency, the Crypto Bank Anchorage Digital and the Chainalysis blockchain analysis company.
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