Compass Investments Latest Gemini earnings expose crypto’s new exchange reality

📌 Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading – Card growth lifted total revenue, but trading volume fell about 66% and year-over-year operating costs remained elevated.

Geminis latest earnings expose a new exchange reality: total revenue rose as card growth lifted fee income, but crypto trading volumes plunged about 66%. Trading of #Bitcoin and other assets slowed, while year‑over‑year operating costs remained elevated — signaling a shift toward payments and services over spot trading. Bitcoin

$BTC

Gemini’s latest earnings expose a new exchange reality: total revenue rose as card growth lifted fee income, but crypto trading volumes plunged about 66%. Trading of #Bitcoin and other assets slowed, while year‑over‑year operating costs remained elevated — signaling a shift toward payments and services over spot trading.

#Macro Insights# #Gemini #CryptoRevenue