Follow UsCrypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
Bearish-59.12%
20 Sep, 14:54
Source: CoinDesk
AI Summary
Gemini's stock has plummeted 80% from its IPO, shrinking its market cap to roughly $753 million and reigniting acquisition interest in its regulatory licenses and custody infrastructure.
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships a buyer could inherit.