According to Bloomberg, crypto exchange Gemini announced this month that it would lay off up to 25% of its staff and exit the UK, EU, and Australia. Recently, additional layoffs were made in the US, and the departures of the COO, CFO, and CLO are also related to cost control. Data shows that Gemini's global spot trading market share dropped to 0.1% in January, down from 0.6% in June last year. Expenses grew by about 70% last year, while net revenue only increased by 17%. The international markets they are exiting contributed about 15% of revenue in the first nine months of 2025. The company is shifting focus to prediction market business, having obtained a CFTC license to launch the platform last December. So far, the total trading volume is only around $24 million. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57071