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Basic

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Convert & Auto-Invest

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Pre-Market Trading

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Advanced

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CrossEx Trading

One margin balance, shared across platforms

OTC Bank Transfer

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OTC trades with simple RFQ

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One platform for global traditional assets

Event Contracts

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Trade European-style vanilla options

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Introduction to Futures Trading

Learn the basics of futures trading

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Stock CFD Derivatives

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Collect candies to earn airdrops

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Trade on-chain assets and earn airdrops

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Investment

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Dual Investment

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Limited-time 11% APR on USDT

Top-tier quant strategies

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Asset Management

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Gemini's stock price fell below the issuance price of $28 on Wednesday, with a market capitalization evaporating to $2.9 billion.

2025-09-18 00:18:35

PANews September 18 news, according to Zhitong Finance, the price of the cryptocurrency exchange Gemini Space Station (GEMI.US) owned by the Winklevoss brothers continued to decline on Wednesday, falling below the IPO issuance price of $28 just a few days after going public in the U.S., with the current stock price closing at $24.53, a single-day decline of 12.8%, and the current market capitalization is $2.9 billion. The company officially logged in to the U.S. stock market on September 12, experiencing a significant rise on the first day of trading, but has since faced continuous pressure. It is noteworthy that SEC documents revealed that on Monday, Gemini's Chief Legal Officer Tyler Meade and Chief Operating Officer Marshall Beard reported multiple instances of insider stock trading.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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