Crypto Exchange Gemini (GEMI) shares are negotiated below the IPO for the second day


Gemini actions (Gemi)The Crypto Exchange founded by billionaire Twins Cameron and Tyler Winklevoss, was negotiated under their IPF price of $ 28 on Thursday, changing hands at around $ 25.15.

This marked a gain of 2.5% the day after the recovery of previous losses. On Wednesday, the shares broke out below the price of the IPO.

Gemini became a public last week at $ 28 per share, assessing the company at more than $ 3 billion. The action opened above the IPO price, at $ 37.01, and closed 14% higher.

The offer raised $ 425 million thanks to the sale of 15.2 million shares.

Gemini, whose headquarters are in New York, operates a series of cryptography services, including an exchange of punctuals, childcare solutions for institutions, a stablecoin supported by an American dollar, an crypto reward credit card and ignition products.

At the end of July, the Crypto Exchange held more than $ 21 billion in assets on its platform.

Find out more: Gemini shares slide 6%, extending the post-flag fall at 24%



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