On September 10, Coin World reported, according to Bloomberg, that Gemini has raised its IPO fundraising target to $433 million, with the price range per share increased from $17-19 to $24-26, and the number of shares issued is 16.7 million. If calculated at the upper limit of the range, Gemini's valuation reaches $3.1 billion. Nasdaq has subscribed to $50 million in private placement shares, and after the IPO, Gemini will be listed on Nasdaq with the stock code GEMI. The company had a net loss of $283 million in the first half of the year, with revenue of $68.6 million.