Gemini files S-1 for IPO to place 16.7M GEMI shares on Nasdaq

Winklevoss brothers-founded crypto exchange Gemini has filed for an IPO, seeking to raise up to $317 million as an “emerging growth company.”

Gemini, a crypto exchange founded by Cameron and Tyler Winklevoss, announced the launch of an initial public offering (IPO) of 16.67 million shares of Class A common stock.

Gemini Space Station filed a Form S-1 for IPO on Tuesday, planning to sell the shares priced between $17 and $19 per share, to raise up to $317 million.

Subject to completion, the filing comes weeks after the company filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI on Aug. 16.

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