Gemini Space Station(NASDAQ) GEMI

Gemini Space Station, Inc. helps people buy and store digital money. It lets users earn rewards through a special credit card. The platform serves both everyday people and large investment firms.

The Digital Asset Toolkit

• Exchange Services: Platform for buying and selling digital assets; accounted for 27.5% of revenue in the three months ended June 30, 2026.
• Gemini Credit Card: Rewards-based card program allowing users to earn digital assets on daily purchases.
• Institutional Custody: Secure storage and management services for asset managers, hedge funds, and corporations.
• Staking and Derivatives: Tools to earn yield on assets and trade complex perpetual contracts for risk management.
• Prediction Markets: Trading platform for event contracts launched at the end of 2025.

Recent Strategic Moves

• Launched Gemini Predictions in Dec. 2025 to offer event-based trading contracts.
• Expanded into U.S. equities in July 2026 for qualified customers in certain states.
• Announced plans on Feb. 5, 2026, to wind down operations in several international regions including Australia and the European Union.
• Completed a $100 million private placement of Class A common stock in May 2026.
• Partnered with Mastercard to support the growth of the Gemini Credit Card program.

A Trust-Focused Approach

Gemini operates in all 50 U.S. states and holds necessary licenses to connect directly with traditional banking systems. The company keeps all customer digital assets in full on the platform to ensure they are always available for withdrawal.

By the Numbers

• Total revenue was $45.5 million in the three months ended June 30, 2026, up from $33.3 million in the prior-year period.
• Net loss was $107.7 million in the three months ended June 30, 2026, compared to a net loss of $133.2 million in the same period in 2025.
• Assets on platform were $8.4 billion as of June 30, 2026, down from $18.2 billion as of June 30, 2025.
• Trading volume was $3.8 billion for the three months ended June 30, 2026, down from $11.3 billion in the three months ended June 30, 2025.

Bottom Line

Gemini has transformed from a simple cryptocurrency exchange into a broad financial platform including credit cards and stock trading. It focuses on regulated growth while managing costs through recent international restructuring.