
Gemini reported a 42% year-over-year revenue increase to $50.3 million in Q1 2026, driven by growth in services and OTC trading despite a drop in exchange revenue. The company secured a $100 million strategic investment from Winklevoss Capital Fund paid in bitcoin, supporting its transition from a crypto platform to a broader markets company. Key milestones include obtaining a Derivatives Clearing Organization license, enabling Gemini to expand into futures, options, and prediction markets. The investment and regulatory progress position Gemini for long-term growth and product diversification.