Nasdaq Invests $50M in Gemini IPO, Expands Crypto Staking

Nasdaq will invest $50 million in Gemini IPO, scheduled for September 12, 2025. The Gemini IPO is priced at $17–$19 per share, seeking to raise $317 million by issuing 16.7 million shares under the ticker GEMI. Under the non-exclusive placement, Nasdaq clients gain access to Gemini’s custody and staking services while Gemini’s institutional users integrate Nasdaq’s Calypso collateral management platform. This partnership closes immediately post-IPO at the IPO price minus underwriting fees, subject to market conditions. The deal aligns with Nasdaq’s push for tokenized securities trading following its SEC filings. Ahead of the Gemini IPO, rivals like Kraken and Coinbase are also exploring asset tokenization.
Bullish
The news is bullish because Nasdaq’s $50M investment and strategic partnership with Gemini enhances institutional trust in Gemini’s custody and staking services. It signals robust demand for crypto exchange listings and tokenized securities. In the short term, this may boost trading volumes in staking assets and drive positive market sentiment. Over the long term, the collaboration and push for tokenization could strengthen market infrastructure, encourage further institutional adoption, and support sustained growth in crypto markets.