Nasdaq Don Invest $50M For Gemini IPO, Dem Dey Expand Crypto Staking
Nasdaq go putin $50 million for Gemini IPO Wey dem schedule for September 12, 2025. Gemini IPO dey priced between $17 and $19 per share, dem wan raise $317 million by issuing 16.7 million shares under ticker GEMI. For this non-exclusive placement, Nasdaq clients fit use Gemini custody and staking services while Gemini institutional users go integrate Nasdaq Calypso collateral management platform. This partnership go close sharp sharp after IPO at IPO price minus underwriting fees, based on market conditions. This deal align with Nasdaq plan to push tokenized securities trading after their SEC filings. Before Gemini IPO, competitors like Kraken and Coinbase dey also explore asset tokenization.
Bullish
Di tin coste news na beta because say Nasdaq dey put $50 million for Gemini and dem get partnership weh go make institution trust Gemini custody and staking service wella. E mean say der plenty demand for crypto exchange listings and tokenized securities. For short time, e fit make trading volume for staking assets rise and e go bring better market feeling. For long time, dis partnership and push for tokenization fit make market infrastructure strong, make more institutions start dey use am and e go help make crypto market grow steady.