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Gemini's Third-Quarter Revenue Fell to $40.9 Million, with Transaction Volume Declining by 73% Year-over-Year.
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ChainCatcher reports that cryptocurrency exchange Gemini released its Q3 financial results, showing total revenue of $40.9 million, a 19% year-over-year decrease and a 10% quarter-over-quarter decrease, compared to $50.6 million in the same period last year. Net loss narrowed to $58.6 million, compared to nearly $160 million in the same period last year and $107.7 million in Q2. Following the earnings release, Gemini Space Station Inc. (GEMI) sh…
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