Daily Market Updates: Gemini shares slide after $108 million loss

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Gemini shares slide after $108 million loss

The Block reports the exchange said prediction market volume nearly doubled as it expanded beyond crypto trading.

Reported · Written up by our desk · Market Structure

Gemini shares fell after the company disclosed a $108 million loss, according to The Block.

The outlet said the slide came alongside commentary from Winklevoss, who characterized the results as part of a broader push that still requires more work.

The Block added that Gemini’s prediction market volume nearly doubled as the exchange continued expanding beyond crypto trading.

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The BlockGemini shares slide after $108 million loss as Winklevoss says ‘we still have work to do’

Crypto

Gemini shares slide after $108 million loss

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