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Gemini posts $107.7M Q2 loss as spot volume drops 66% – TON BOT

Gemini posts $107.7M Q2 loss as spot volume drops 66%

Gemini Space Station reported a $107.7 million net loss for the second quarter, marking its fourth consecutive quarterly loss since its IPO in 2025. Despite a 37% increase in revenue, the exchange’s core spot trading business weakened, with total volume falling to $3.8 billion. The company is focusing on diversifying revenue streams and cutting operating expenses.


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