Gemini shares down about 80% from IPO peak, market cap near $753M

Gemini's shares are down roughly 80% from their post-IPO peak, leaving a market value of about $753M versus a peak near $4B, with Q2 revenue down 38% to $12.5M, spot volume down 66% to $3.8B and platform assets falling from $18.2B to $8.4B. The decline comes as the SEC presses ahead on tokenized equities.

Detected & updated continuously · Source: Nebula