Gemini Space Station, Inc. (Ticker: GEMI US) is a Nevada-incorporated company operating a global digital asset exchange to buy, sell, store and stake crypto assets. Gemini plans to list on NASDAQ on September 12, 2025, offering 16.67 million shares at $17.00–$19.00 to raise about $300 million. At the IPO range, the indicated market value is about $2.10 billion. According to the prospectus, net proceeds are intended for general corporate purposes, which may include product development, general and administrative matters, capital expenditures, and repayment of all or a portion of third-party indebtedness. The issuer was formed on Feb. 4, 2025, and, following reorganizational mergers, will own Gemini LLC, through which operations are conducted; post-offering it will be a “controlled company.” Joint bookrunners include Goldman Sachs, Citigroup, Morgan Stanley, Cantor, Evercore ISI and Mizuho.