Gemini Stock Slides After Executive Exits and Market Pullbacks

Gemini announced it has parted ways with its chief financial officer, chief legal officer and chief operating officer, appointing interim replacements for the CFO and CLO while leaving the COO role unfilled. Founders Tyler and Cameron Winklevoss framed the changes as part of a “Gemini 2.0” transformation, noting rapid breakthroughs in AI and the rise of prediction markets have altered how the company works.

The leadership moves followed a 25% global workforce reduction and exits from the United Kingdom, the European Union and Australia. Shares fell further after the announcement, extending a decline that began after the company’s September listing; investors who bought at the $28 IPO face roughly 77% losses.

An SEC filing estimated a net loss of about $595 million for 2025. Market data show Binance accounted for 39.2% of top exchange spot volume in 2025, processing $7.3 trillion, while Gemini did not make the top 10 and ranked 24th with a 24‑hour volume of $54 million.

United Kingdom; European Union; Australia

gemini, winklevoss, cfo exit, clo exit, coo vacancy, ai breakthroughs, prediction markets, workforce reduction, net loss, binance