Cryptocurrency companies such as Gemini join Nasdaq, with IPO financing of $12 billion
Source: CoinWorld
Time: 2025-09-15 18:45:15
Driven by clear regulation and strong institutional demand, Gemini and Figure led the Nasdaq cryptocurrency IPO wave with a scale of $12 billion. Gemini's stock price soared 40% on its first day of listing to $37.01, raising $425 million to a valuation of $3.3 billion; Figure aims to reach a valuation of $4.13 billion in an upcoming IPO. Currently, major players including Circle and Bullish are preparing for an IPO, reflecting a growing investor confidence and a rise in Bitcoin’s price close to $118,000. Analysts stress that lower regulatory thresholds and long-term potential are key factors driving this unprecedented IPO boom.