Exclusive-IPO of Winklevoss-founded crypto exchange Gemini over 20 times oversubscribed, sources say


Gemini logo is seen in this illustration taken September 9, 2025. REUTERS/Dado Ruvic/Illustration/File photo

NEW YORK (Reuters) -Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has drawn over 20 times as many orders for its planned U.S. initial public offering as there are available shares, people familiar with the matter said on Thursday.

The strong demand, ahead of the IPO's pricing later on Thursday, shows investors' huge appetite for crypto company listings.

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