Gemini's Stock Falls 80% from IPO, Fueling Acquisition Speculation

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Crypto exchange Gemini has seen its market value plunge roughly 80% since its IPO, dropping to approximately $753 million. The sharp decline has reignited speculation that the platform could become a takeover target. Potential acquirers are seen as being drawn to the company's regulatory licenses, custody infrastructure, and established customer base. The assets Gemini holds could offer significant strategic value to any buyer looking to enter or expand in the crypto space.

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