Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is set to raise up to $425 million through its initial public offering (IPO), which is over 20 times oversubscribed, according to Reuters. This significant interest highlights the strong demand for crypto-related investments. In other developments, over $104 million was liquidated in the crypto market within an hour, with $101.67 million from short positions. Additionally, Fidelity's Solana ETF, along with Canary's XRP and Hedera ETFs, are now listed on the DTCC platform, expanding access to these digital assets.