Gemini Reports $107.7 Million Loss as Crypto Trading Volume Drops 66%

TLDR Gemini posted a $107.7 million net loss in Q2, its fourth straight quarterly loss since going public. Total revenue rose 37% year over year to $45.5 million, driven by services growth. Spot trading volume dropped 66% year over year to $3.8 billion. Credit card revenue jumped 231% to $16.2 million, while transaction losses hit [...]

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