What caused Gemini's stock to plunge?

IPO hype faded fast—stock from $28 to $4.36 amid layoffs, market crash, exec exits, and international shutdowns.

Who might buy parts of Gemini?

Unconfirmed, but likely exchanges or fintechs chasing EU MiCA and U.K. FCA licenses without years of applications.

Is Gemini shutting down completely?

No—U.S. and Singapore ops continue, but piecemeal sales of shuttered arms signal a major shrink.

Gemini's Carve-Up: Buyers Sniffing Around Licenses While the Ship Sinks

Imagine holding Gemini stock, watching it crater 85% post-IPO. Now buyers aren't saving the whole thing—they're just cherry-picking licenses from its dead international arms.

theAIcatchup Apr 09, 2026 3 min read

⚡ Key Takeaways

Buyers target Gemini's Europe/U.K. licenses via shuttered ops, skipping full buyout. 𝕏
Stock down 85% post-IPO; 25% layoffs, three C-suite exits fuel distress. 𝕏
Regulatory hurdles make pre-approved licenses prime assets in crypto consolidation. 𝕏

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theAIcatchup

Markets. Money. Innovation.

#Gemini exchange #Winklevoss twins #crypto licenses #regulatory acquisition

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Originally reported by CoinDesk

⚡ Key Takeaways

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