Gemini shares slide after $108 million loss as Winklevoss says ‘we still have work to do’

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Gemini shares slide after $108 million loss as Winklevoss says ‘we still have work to do’

60-second summary

Gemini shares are experiencing a decline after revealing a $108 million loss, with CEO Cameron Winklevoss stating "we still have work to do." The exchange's prediction market volume has nearly doubled, indicating growth beyond traditional crypto trading.

Gemini’s prediction market volume nearly doubled as the exchange continued expanding beyond crypto trading.