Gemini suffered a sharp drop after soaring on its first day of listing, and the Circle-based encryption concept IPO boom is no longer
Source: CoinWorld
Time: 2025-09-17 11:56:44
According to Coinjie.com, Gemini's stock price soared by 64% on the first day of its listing on Nasdaq, but then fell rapidly, with a current market value of about US$3.8 billion. The company's net loss in the first half of the year was US$283 million, a year-on-year increase of 580%, but its revenue fell 7.7% to US$68.6 million.