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Gemini Space Station IPO: Winklevoss-Led Crypto Firm Targets $425M at $32 a Share, First-Day Pop Still Unclear

Gemini Space Station IPO: Winklevoss-Led Crypto Firm Targets $425M at $32 a Share, First-Day Pop Still Unclear

16 Sep 2025

Gemini Space Station, the crypto firm led by the Winklevoss twins, went public on Sep. 12, 2025, with shares set to open around $32 and a target raise of about $425 million. Claims of a 14% day-one jump aren’t confirmed. Here’s what’s known, why the deal landed now, and what investors should watch next.

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