Gemini, the Winklevoss’ crypto exchange, pops more than 14% in Nasdaq debut

Gemini, the cryptocurrency exchange founded by the Winklevoss brothers, saw its stock rise over 14% on its Nasdaq debut, raising $425 million in an IPO. The company, which manages over $21 billion in assets, reported losses in 2024 and the first half of 2025. The Winklevoss brothers remain bullish on Bitcoin, predicting it could reach $1 million in a decade. They were early advocates for Bitcoin and pushed for the first Bitcoin ETF application over a decade ago.