Gemini Space Station, Inc. Unveils Plans for Initial Public Offering with Share Count Set at 16.6 Million

Gemini Space Station, Inc. Announces IPO Launch

On September 2, 2025, Gemini Space Station, Inc. made headlines by declaring the launch of its Initial Public Offering (IPO), opening the doors for its entry into the public stock market. The crypto platform, which has gained prominence since its founding by twins Cameron and Tyler Winklevoss in 2014, plans to offer 16,666,667 shares of Class A common stock. The registration statement for this public offering has been filed with the U.S. Securities and Exchange Commission (SEC), marking a significant milestone in Gemini's journey as a leading player in the cryptocurrency industry.

IPO Details

The expected price range for the IPO is set between $17.00 and $19.00 per share. Notably, Gemini and the selling stockholders have extended a 30-day option to the underwriters to purchase an additional 2,396,348 and 103,652 shares of Class A common stock, respectively. This option aims to manage any over-allotments that could result from the strong demand expected from investors.

In interest of transparency, it is essential to note that while Gemini intends to move forward with this IPO, the process is subject to market conditions. There are no guarantees regarding the offering's completion, terms, or final size; thus, potential investors should remain vigilant of these conditions leading up to the trade.

Listing on Nasdaq

Gemini has applied for its Class A common stock to be listed on the Nasdaq Global Select Market with the ticker symbol GEMI. This move signifies Gemini's ambition to enhance its visibility and competitive edge within the financial markets, a strategic step aimed at attracting both retail and institutional investors looking to participate in the growing cryptocurrency platform sector.

The underwriting team includes renowned financial powerhouses like Goldman Sachs & Co. LLC and Citigroup, which are acting as lead bookrunners. Other notable firms such as Morgan Stanley and Cantor are also involved as lead bookrunners, along with a host of additional bookrunners and co-managers that underscore the robust interest in Gemini’s offerings.

Prospectus Availability

Investors can obtain a preliminary prospectus related to the offering from Goldman Sachs at their New York office or via Citigroup through Broadridge Financial Solutions. It is crucial for potential investors to understand that a registration statement regarding these securities has already been filed with the SEC but has not yet become effective. Therefore, until this registration becomes effective, no sales or purchase offers will be accepted.

About Gemini

Founded in 2014, Gemini operates as a global crypto platform that aims to provide secure services aligned with modern financial needs. It offers a wide variety of crypto products aimed at both individuals and institutions across over 60 countries, driven by a mission to unlock the next era of financial freedom. With a commitment to security, reliability, and innovation, Gemini does not only facilitate trading but has also continuously worked on expanding its offerings to adapt to the evolving landscape of cryptocurrency.

For further inquiries regarding the IPO, interested parties can reach out to Natalie Rix at Gemini via email at [email protected].

As the crypto market continues to grow and evolve, Gemini's IPO represents both an opportunity and a significant turning point for investors considering entering the world of cryptocurrency investments.