Shares of Gemini (Gemi)Crypto Exchange, founded by the billionaire twins Cameron and Tyler Winklevoss, traded during their listing price of $ 28 on Thursday and changed hands to about $ 25.15.
It marked a gain of 2.5% the day after the stock was recovered earlier losses. The shares first broke under the IPO prize on Wednesday.
Gemini was announced last week at $ 28 per week. Share and appreciated the company for more than $ 3 billion. The stock opened over the IPO prize at $ 37.01 and closed 14% higher.
The offer raised $ 425 million through the sale of 15.2 million shares.
Gemini, headquartered in New York, runs a package of cryptic issues, including a spot exchange, custody of institutions, a US dollar stacked stablecoin, a crypto reward card and intervention products.
From the end of July, Crypto Exchange had more than $ 21 billion assets on its platform.
Read more: Gemini shares slides 6%that extends the after-IPO reduction to 24%
