Gemini Space Station, Inc. is a cryptocurrency exchange and digital asset platform serving individual retail users and institutional investors. The company's core business model revolves around facilitating the buying, selling, and storing of digital assets. Revenue is primarily generated through transaction fees on its exchange, which includes the Gemini ActiveTrader platform for advanced users, and Gemini Derivatives for trading perpetual contracts. Additionally, the company earns revenue from institutional-grade custody solutions, staking services, and an over-the-counter (OTC) trading desk. Gemini also issues the Gemini Dollar (GUSD), a regulated, USD-backed stablecoin. In late 2025, the company expanded into prediction markets with the launch of Gemini Predictions, allowing users to trade event contracts. Geographically, Gemini has historically operated globally; however, in early 2026, the company announced a strategic pivot ("Gemini 2.0") to exit the United Kingdom, European Union, and Australian markets, alongside a 25% workforce reduction, to focus more heavily on its prediction markets and core US operations. Competitively, Gemini distinguishes itself through a strong emphasis on security and regulatory compliance, holding a New York trust charter and positioning itself as a trusted bridge between traditional finance and the cryptoeconomy.
