Gemini (GEMI) Stock Falls 7% on 200-Person Layoff Announcement

TLDR Gemini Space Station (GEMI) is laying off 200 workers and shutting down operations in the U.K., EU, and Australia by April 2026. The crypto exchange will focus solely on U.S. and Singapore markets while cutting its workforce by 25%. GEMI shares fell 7% Thursday and are now down 73.8% from their $28 September IPO [...]

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