Crypto company Gemini is cutting its workforce by 25% and exiting the United Kingdom, European Union and Australia as it sharpens its focus on prediction markets and the United States.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additiona ...

Core Insights - Gemini Space Station Inc. is ceasing operations in the U.K., EU, and Australia, focusing resources on prediction markets [1][2] - The company is reducing its workforce by 25% as part of this strategic shift [1] - Gemini's leadership believes that prediction markets will surpass traditional capital markets in size and importance [4][5] Group 1: Operational Changes - Effective April 6, 2026, Gemini will stop operations in the U.K., with customer accounts entering withdrawal mode starting March 5, 2026 [2] - The company has partnered with eToro to facilitate the offboarding process for customers in these regions [2] - New account creation and incentive programs will be disabled as part of the operational shutdown [2] Group 2: Market Performance - Crypto equities have underperformed compared to broader markets, reflecting a decline in investor appetite and tighter liquidity [3] - Since going public in September, Gemini's shares have fallen approximately 23% amid a broader downturn in crypto prices [6] Group 3: Strategic Focus - The Winklevoss twins, CEO and President of Gemini, cited challenges in gaining traction in international markets as a reason for the exit [4] - They emphasized the strength of the U.S. capital markets and the company's intention to concentrate efforts there [4] - Gemini has seen over 10,000 users trade more than $24 million on its prediction marketplace since its launch in mid-December [5]

责任编辑：山上 美股频道更多独家策划、专家专栏，免费查阅>> 加密货币交易所Gemini宣布，其预测市场产品Gemini Predictions已在美国50个州全面上线，支持用户基 于现实事件结果进行交易，提供近乎即时成交与完全透明度。目前限时免手续费，支持iOS移动端与网 页版使用。 ...

Gemini has launched its prediction market platform, called Gemini Predictions. The new service is now available across all 50 US states through its iOS app and website. According to the company’s recent statement, Gemini Predictions enables users to take positions on events such as election outcomes, economic data releases, and broader market trends. Gemini said it will charge no trading fees during an initial promotional period. The move could help attract early participation and liquidity. The rollou ...

本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 【12月16日加密货币交易所Gemini预测市场产品全美上线】12月16日，加密货币交易所Gemini透露， 其预测市场产品Gemini Predictions在美国50个州全面上线。该产品支持用户基于现实事件结果交易，具 备近乎即时成交与完全透明的特点。目前限时免手续费，支持iOS移动端与网页版使用。 ...

Gemini Space Station affiliate Gemini Titan has made its prediction markets platform available to customers in the United States.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The U.S. launch of the Gemini Predict ...