Crypto IPO Wahala: Gemini Don Overpass 20×, Figure Don Up 24%
Gemini IPO don oversubscribed 20×, dem cap fundraising for $425 million afta dem raise di share price to $24–26. Nasdaq join as strategic investor with $50 million commitment. Figure Technologies come for Nasdaq with 24.4% share price jump, dem raise $787.5 million for another high-demand crypto IPO. Earlier listing from Circle and Bullish see stock rise 167% and 218% on day one. Traders dey look 2025 for more crypto IPOs from Kraken, Anchorage Digital and Chainalysis, e show say demand from investors strong and institutional confidence dey.
Bullish
Too plenty people wey wan buy di shares and di strong money wey dem make for di first day show say investors get serious interest for di regulata blockchain money products. Nasdaq backing add better respect from institutions. People dey expect more crypto IPO dem for 2025 wey show say market dey positive. All dis tins talk say capital go dey flow well well and crypto stocks go dey do good trading.