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Crypto Exchange Gemini has reportedly secured American stock exchange Nasdaq as a strategic partner with a $50 million investment ahead of its Initial Public Offering (IPO) this week.
Nasdaq To Back Gemini With Strategic Investment
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On Tuesday, Reuters reported that Nasdaq is set to invest $50 million in the Winklevoss twins’ Gemini Space Station Inc. in a private placement during the crypto exchange’s IPO, scheduled for September 12, 2025.
The crypto exchange recently announced its plan to offer 16.7 million shares priced between $17 and $19 under the ticker name “GEMI,” with a potential raise of approximately $317 million.
According to anonymous sources close to the matter, the strategic partnership will give
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