Gemini’s 80% Stock Drop Has Put the Crypto Platform Back in the Takeover Spotlight
Gemini has had a rough ride on the public market. The crypto platform’s stock has fallen roughly 80% since its debut, shrinking its market value to about $753 million and reviving a question that had started to fade: could Gemini become an acquisition target?The company, founded by billionaire twins Cameron and Tyler Winklevoss, is now attracting attention for reasons that extend beyond its shrinking trading business. For a potential buyer, Gemini could offer something harder to build from