GEMINI SPACE STATION INC CLASS A (GEMI)
Financials · Cryptocurrency exchange and digital asset platform · NASDAQ
Gemini is a regulated cryptocurrency exchange serving retail and institutional users with integrated trading, custody, staking, and prediction markets built on institutional-grade security infrastructure.
What GEMINI SPACE STATION INC CLASS A does
Gemini is a cryptocurrency exchange platform founded in 2014 that provides retail and institutional users access to trading, custody, staking, and other digital asset services. The company operates a comprehensive platform including spot and derivatives trading, an OTC trading desk, institutional-grade custody, a NYDFS-regulated stablecoin (GUSD), a U.S. credit card program, and a prediction markets platform (launched December 2025). All customer assets are held in full on the platform, and the company holds money transmitter licenses across all 50 U.S. states.
Themes: ["cryptocurrency exchange","digital asset custody","prediction markets","stablecoin / GUSD","crypto-to-fiat on-ramps","institutional crypto trading","retail crypto trading"]
Fundamentals
- Price$4.25 as of 2026-07-09 close
- Market cap$503M as of 2026-07-10
- 1-year return-57.5% as of 2026-07-09 close
- Net margin-278.9% as of 2026-07-10
- ROE-107.7% as of 2026-07-10
- Debt / equity1.03 as of 2026-07-10
- Revenue growth (YoY)+41.5% as of 2026-07-10
- Revenue CAGR (3y)+35.3% SEC XBRL
- Beta1.85 as of 2026-07-10
Key risks (from latest filing)
["Unprofitable with negative net margins (-278.9%) and significant operating losses ($109 million net loss in Q1 2026), raising questions about path to profitability","Restructuring announced in February 2026 to exit international markets (UK, EU, Australia), reducing revenue streams and signaling operational challenges","High dependence on trading volume and transaction fees, which declined significantly (trading volume down from $13.5B to $6.3B YoY) despite revenue growth from product expansion"]
Competitors & peers
- Coinbase (COIN)
- Kraken
- Binance
- FTX
- Crypto.com
- Celsius Network
- Upbit
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.