Gemini launches IPO, aiming to raise up to $317 million

ChainCatcher news, according to PR Newswire, the cryptocurrency exchange platform Gemini has announced the launch of its initial public offering (IPO), intending to issue 16,666,667 shares of Class A common stock, with a price range of $17 to $19 per share.

Underwriters may exercise their over-allotment option to issue up to an additional 2,500,000 shares. Gemini has applied to list on Nasdaq under the ticker "GEMI." Goldman Sachs, Citigroup, and others are the lead underwriters.