{"id":137558,"date":"2025-09-12T11:13:09","date_gmt":"2025-09-12T11:13:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/137558\/"},"modified":"2025-09-12T11:13:09","modified_gmt":"2025-09-12T11:13:09","slug":"geminis-425m-ipo-marks-record-year-for-web3-listings-on-wall-street","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/137558\/","title":{"rendered":"Gemini\u2019s $425M IPO marks record year for Web3 listings on Wall Street"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Avatar\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\" data-lazy-src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2025-07-19-at-10.33.13-AM-1-80x80.jpeg\"\/><\/p>\n<p>Journalist<\/p>\n<p>\t\t\t\t\t\t\t\t\t\tPosted: September 12, 2025<\/p>\n<p>The Winklevoss influence extends<\/p>\n<p>The Gemini IPO isn\u2019t the only storyline around the Winklevoss twins this year.<\/p>\n<p><a href=\"https:\/\/ambcrypto.com\/gemini-eyes-nasdaq-debut-with-gemi-what-investors-should-know\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">AMBCrypto previously reported<\/a> their growing ties to President Donald Trump, including a $2 million Bitcoin donation to his 2024 campaign; partly refunded after crossing federal limits.<\/p>\n<p>More recently, they invested in American Bitcoin, a mining company connected to Donald Trump Jr. and Eric Trump, which is preparing to go public through a merger with Gryphon Digital Mining.\u00a0<\/p>\n<p>Their appearances at inauguration events, a White House crypto summit, and Trump\u2019s July signing of the GENIUS Act, where he personally acknowledged them, have further elevated their political profile.<\/p>\n<p>Notably, the twins had also<a href=\"https:\/\/ambcrypto.com\/jpmorgan-vs-gemini-winklevoss-slams-dimons-anti-crypto-agenda-over-new-data-fees\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\"> recently accused<\/a> JP Morgan of trying to \u201ckill fintech and crypto companies.\u201d<\/p>\n<p>More Crypto IPOs in 2025<\/p>\n<p>2025 has already seen a wave of crypto firms go public, though few matched the chaos around stablecoin issuer<a href=\"https:\/\/ambcrypto.com\/circles-success-fuels-geminis-ipo-move-as-crypto-firms-cant-wait\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\"> Circle [USDC]<\/a> and exchange Bullish.<\/p>\n<p>Circle raised $1 billion after boosting its IPO, with shares jumping 167% on debut. Bullish went even further, with its stock soaring as much as 218% on day one. <\/p>\n<p>While Figure\u2019s (also went public this week) listing was solid, it didn\u2019t stir the same excitement.<\/p>\n<p><a href=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/0193b369-68bf-761e-8e06-d9c980891b59.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-527531\" class=\"size-full wp-image-527531\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"gemini IPO\" width=\"685\" height=\"765\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/09\/0193b369-68bf-761e-8e06-d9c980891b59.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-527531\" class=\"wp-caption-text\">Source: Bitwise<\/p>\n<p>Bitwise, <a href=\"https:\/\/s3.us-east-1.amazonaws.com\/static.bitwiseinvestments.com\/Research\/Bitwise-The-Year-Ahead-10-Crypto-Predictions-for-2025.pdf\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">which had called 2025<\/a> the \u201cyear of the crypto IPO,\u201d now looks prescient; with Kraken, Anchorage Digital, and Chainalysis still seen as strong candidates for the next listings.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/solana-flips-bnb-as-market-cap-hits-129b-is-250-in-sight\/\" rel=\"next nofollow noopener\" data-wpel-link=\"internal\" target=\"_blank\">Solana flips BNB as market cap hits $129B \u2013 Is $250 in sight?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/solana-what-galaxy-digitals-latest-205m-move-means-for-its-accumulation-trend\/\" rel=\"prev nofollow noopener\" data-wpel-link=\"internal\" target=\"_blank\">Solana \u2013 What Galaxy Digital\u2019s latest $205M move means for its accumulation trend<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Journalist Posted: September 12, 2025 The Winklevoss influence extends The Gemini IPO isn\u2019t the only storyline around the&hellip;\n","protected":false},"author":2,"featured_media":137559,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1095,64,63,99],"class_list":{"0":"post-137558","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-au","10":"tag-australia","11":"tag-business"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/137558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=137558"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/137558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/137559"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=137558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=137558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=137558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}