Crypto’s New Darling: Gemini and Friends Ready to Make Waves & Cash In! 💸🚀

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Crypto’s New Darling: Gemini and Friends Ready to Make Waves & Cash In! 💸🚀

Look out world, Gemini-yeah, that snazzy crypto exchange run by the Winklevoss twins who, let’s be honest, look like they’re always plotting something-wants a cool $2.3 billion valuation. Because nothing says “trust me” like chasing a billion with a “B,” right? As they prepare to IPO, it’s like they’re saying, “Hey, we’re here to take your money, and maybe, just maybe, make a little magic happen!”

What’s the Deal? Public Crypto Exchanges Are Having a Moment (Shhhhh, Don’t Blame the Market)

So, Gemini plans to offer a hefty chunk of shares-16.67 million of them, priced between $17 and $19, under the oh-so-catchy ticker “GEMI”. They’re aiming to scoop up around $317 million if everything goes perfectly. Marvelous timing, as US markets are buzzing with activity again-Circle (CRCL) and Bullish (BLSH) just dipped their toes into the public pond, and everyone’s acting like it’s the hottest thing since sliced bread.

This isn’t just another company dipping a toe-it’s like the third big crypto exchange trailer park going public. Throw in Coinbase’s star-studded debut in 2021, and you’ve got some serious crypto street cred. According to that fancy analyst Bo Pei, the stars are aligning because of previous IPO wins and rising crypto love, which is just a fancy way of saying, “Grab your popcorn, folks.”

Meanwhile, crypto is slowly sliding into the finance big leagues. Thanks, SEC, for approving ETF spot Bitcoin and Ethereum (better late than never, am I right?). Coinbase landing in the S&P 500? Basically saying, “We’re legit now, folks.”

Blockchain Lenders Wanna Play Too. Because Sometimes, More Is More.

Not to be left out, Figure Technologies-yes, that blockchain lending thing-thinks it can be the next big thing and aims for a shiny $4.13 billion valuation. They’re selling 26.3 million shares at $18-$20, which might just bring in over half a billion bucks. Because who doesn’t love a good IPO craze? Apparently, everyone and their dog, judging by the current market mood.

The government’s basically giving crypto a thumbs-up with new bills and friendly words-so why not jump in? IPOX CEO Josef Schuster would say, “Investors are patient because they believe in the long haul-plus, everyone’s clearing regulatory hurdles faster than you can say ‘blockchain!’”

Wall Street’s heavy hitters-Goldman Sachs and friends-are lining up as underwriters because, well, what’s more fun than betting on the crypto wild west?

Crypto Market Snapshot

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2025-09-03 07:13