Gemini Calls the Segment That Brought In $500,000 Its Biggest Growth Opportunity

Gemini's president is calling prediction markets the platform's biggest near-term growth driver. However the claim has yet to be reflected in the segment's revenue contribution.

Gemini Space Station reported a $107.7 million net loss for the second quarter, its fourth consecutive quarterly loss since going public in September 2025, according to results published on 13 August.

Revenue rose 37% year-on-year to $45.5 million, ahead of analyst estimates, while assets on the platform fell 54% to $8.4 billion amid lower crypto valuations and institutional custody outflows.

Gemini has cut roughly a third of its staff and lost several senior executives over the past year, and in May the Winklevoss brothers invested $100 million of their own money into the company.

Shares fell about 6% in after-hours trading following the report, after closing up 3% earlier in the session. The stock has now fallen from an intraday high of $45.89 on its Nasdaq debut in September 2025 to around $4.06 — a decline of more than 90% in under a year.

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