Gemini, founded by the Winklevoss twins, is set to debut on Nasdaq with a $317 million IPO, including a $50 million investment from Nasdaq itself. The company plans to sell 16.67 million shares at $17 to $19 each under the name Gemini Space Station, Inc.

Trading under the ticker symbol “GEMI” is expected to start on Friday, pending market conditions. The IPO reflects a resurgence in U.S. equity markets, with increased interest in new listings. Despite optimism, regulatory uncertainties and market volatility pose potential risks.

Gemini’s partnership with Nasdaq underscores its commitment to being a regulated, institutional-friendly exchange. The company’s new product suite for EU investors includes Gemini Staking for Ethereum and Solana, aligning with regulations under the EU’s MiCA via Malta’s MFSA.

Gemini’s staking service offers accessibility with no minimum amount required and daily rewards. The company aims to provide a one-stop venue for digital asset investors in Europe, with up to 6% APR available for SOL staking and variable ETH rates based on market conditions.

Read more at Yahoo Finance: Winklevoss-Founded Gemini to List This Week, Secures Nasdaq as Strategic Investor: Report