Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
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According to ChainCatcher, citing CoinDesk, the share price of crypto platform Gemini has fallen by approximately 80% since its IPO, with its market capitalization dropping from a peak of approximately $4 billion to $753 million. Trading volume, revenue, and platform assets have all continued to decline, reigniting acquisition speculation. In the second quarter, Gemini's exchange revenue fell 38% year-over-year to $12.5 million, spot trading vol…
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Cryptocurrency News | Cryptocurrency Prices | Market CapCrypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships a buyer could inherit. Gemini’s stock has…
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