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Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation

https://www.coindesk.com/business/2026/09/20/gemini-s-stock-is-down-80-from-its-ipo-that-s-reviving-takeover-speculation
Coindesk Gemini’s exchange business is shrinking. Its regulatory licenses may be the real prize The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships a buyer could inherit.
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