At the top of that range, Gemini would have a market value of about US$2.2 billion based on the outstanding shares listed in its filing.
Gemini Space Station Inc., a cryptocurrency exchange led by the billionaire Winklevoss twins, seeks to raise as much as US$316.7 million ($408.2 million) in its initial public offering as the latest crypto business in line for a US listing.
The New York City-based crypto exchange and custodian plans to market 16.7 million shares for US$17 to US$19 each in its IPO, according to a filing with the US Securities and Exchange Commission on Tuesday.
