Cryptocurrency exchange Gemini, founded by the Winklevoss brothers, reported a 42% increase in total revenue for Q1 2026, reaching $50.3 million.

The crypto platform Gemini, founded by the Winklevoss brothers, cut about 30% of its staff since the beginning of 2026. The total number of employees decreased to approximately 445 as of March 1, 2026. This is stated in the company’s report.

Gemini is exiting the cryptocurrency markets of the United Kingdom, the European Union, and Australia and is reducing its workforce by approximately a quarter to focus on operations in the United States.

Public cryptocurrency exchanges Coinbase, Gemini, and Bullish are facing tough times. Over the past three months, their shares have fallen by 55% due to a mass exit of retail investors.

The American cryptocurrency exchange Gemini has listed Binance Coin (BNB). The altcoin is now available for trading and custody for users in the United States on a regulated platform. This is an important milestone for BNB, as Gemini is known for its cautious approach to adding new assets, especially in the United States.

Cryptocurrency exchange Gemini has introduced a new version of its popular crypto credit card, tied to Solana (SOL), offering up to 4% cashback in SOL tokens on every purchase.

Cryptocurrency exchange Gemini Space Station Inc. has secured investments of up to $50 million from Nasdaq, Reuters reports, citing sources familiar with the matter.

The cryptocurrency exchange Gemini, founded by the Winklevoss twins, has overtaken Coinbase in the AppStore after launching a credit card with XRP cashback in partnership with Ripple Labs and Mastercard.

Gemini has released a new version of the Gemini Credit Card® under the XRP brand, issued by WebBank and operating within the Mastercard World Elite program.

Exchanges

The license will allow the exchange to offer digital asset services, including tokens and stablecoins, across the entire European Economic Area in accordance with the Markets in Crypto-Assets (MiCA) regulation.

Cryptocurrency exchange Gemini has launched a self-custody wallet and an on-chain trading portal as its centralized trading volumes remain relatively low. This comes after the company confidentially filed for an initial public offering in June.