Winklevoss twins' Gemini reveals lower revenue and wider loss in US IPO filing


FILE PHOTO: A man walks past the logo of Gemini Trust, a digital currency exchange and custodian, during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco Bello/File Photo

(Reuters) -Gemini’s revenue fell and losses widened in the first half of 2025, the cryptocurrency exchange said in a U.S. IPO filing, joining a wave of digital-asset firms seeking to tap public markets.

Terms of the offering were not disclosed in the filing, made public on Friday.

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