PANews
PANews|Aug 14, 2026 00:07
[Gemini Q2 Financial Report: Net Loss of $107.7M, Total Revenue Up 37% YoY to $45.5M] According to The Block, cryptocurrency exchange Gemini released its Q2 performance report, showing total revenue of $45.5 million, up 37% from $33.3 million in the same period last year. The net loss was $107.7 million, narrowing by 19% compared to $133.2 million in the same period last year. Credit card revenue surged 231% to $16.2 million, while staking revenue grew 50% to $4 million. Prediction markets generated $500,000 in revenue, slightly higher than the $400,000 reported when it launched last December. Although the revenue growth was modest, the number of event contracts traded on the platform increased by 93% compared to Q1.
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