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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculationWorldPing
Image via CoinDesk.

What happened

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.

Key facts

  • 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.
  • Reported by CoinDesk and published Sun, 20 Sep 2026 14:54:48 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Why real-time election odds are misleading prediction market crypto traders

  2. Schiff Warns Tokenized Stocks Will Siphon Liquidity From Bitcoin

  3. Coinbase, Robinhood, Circle could be early winners of SEC's tokenized-stock push, analysts say

  4. Crypto traders braced for a total wipeout this week but Bitcoin had other plans

  5. Why Russia’s harsh 1% crypto cap actually protects bank customer assets

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

  7. EU staking review threatens crypto yields and network security could pay the price

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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Schiff Warns Tokenized Stocks Will Siphon Liquidity From BitcoinWorldPing
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Schiff Warns Tokenized Stocks Will Siphon Liquidity From Bitcoin

The gold bug argued that the market reaction to the new official push for tokenized stocks made no sense, as these would constitute another investment source competing with bitcoin for available liquidity, comparing the latter to a Ponzi scheme.

Brief by WorldPing · Original reporting by Bitcoin.com