X @Wu Blockchain

Financial Performance - Gemini reported a net loss of $282.5 million for H1 2025 [1] - Gemini's net loss increased significantly compared to $41.4 million in the same period last year [1] Business Development - Gemini has filed its S-1, planning to list on Nasdaq under the ticker GEMI [1] - Gemini secured a credit facility with Ripple for up to $75 million, expandable to $150 million, payable in RLUSD [1] - As of the report, no draws have been made on the credit facility [1]