Gemini Space Station (GEMI) shares surged in their market debut, hitting $40 before settling near $35, up 24% for a market cap of $1.3 billion. The IPO was priced at $28 per share, raising $425 million with strong investor demand. Gemini moved quickly from filing to trading on the Nasdaq.

Circle (CRCL) shares jumped over 160% on their first day of trading, climbing from $31 to over $60, giving the company a market cap above $33 billion. Figure Technology Solutions (FIGR) rose over 24% on its debut day, with shares up over 12% on Friday. Mega Matrix (MPU) saw a surge in stock price after announcing a pivot to the stablecoin sector, with shares up over 150% in the past six months.

Read more at Cointelegraph: Gemini IPO Surges in Nasdaq Debut as Crypto Stocks Boom