
Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading
Card growth lifted total revenue, but trading volume fell about 66% and year-over-year operating costs remained elevated.

Read Gemini news, including exchange products, legal developments, regulatory issues, institutional offerings, and company strategy.

Gemini IPO buyers risk sharp losses if SEC penalty lands near $50 million.

Investor enthusiasm boosts Gemini's stock beyond opening projections, marking a strong entry into the public market.

At the top end, Gemini would raise roughly $435 million, up from about $317 million under its earlier goal.

Brian Quintenz stated that the Winklevoss twins' complaint against him is likely due to his refusal to review a CFTC action against Gemini before taking the chair role.

Nasdaq investment highlights strong institutional interest as Gemini moves closer to becoming the third publicly traded crypto exchange.

Gemini and Figure prepare their IPOs, looking for a combined valuation of over $6 billion.



