Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
In this news:
While its exchange business is shrinking, its core exchange technology may also offer limited differentiation from rivals, a venture capital investor told CoinDesk.
However, Gemini (through its subsidiaries) still holds important regulatory licenses and approvals that would be costly and time-consuming for competitors to replicate organically, the investor said. Potential buyers would likely weigh the cost of buying these entities versus the time and legal fees associated with obtaining these approvals, the person added.
That would fit a broader pattern in crypto M&A, where buyers are increasingly paying for regulatory infrastructure, distribution and market access rather than simply acquiring trading volume. For example, digital-asset services firm Keyrock bought BlockFills’ trading assets in July to add regulatory licenses, derivatives expertise and institutional clients, while tokenization firm Ondo has been exploring a deal worth up to $500 million. LMAX and B2C2 have also explored strategic transactions as crypto companies look to expand through acquisitions rather than build every license and product internally.
CoinDesk reported in April that prospective buyers were considering buying Gemini’s shuttered European and U.K. operations primarily for their regulatory licenses, rather than pursuing a full takeover. A deal has yet to materialize amid differing views on valuation, the investor noted, who spoke on condition of anonymity as the matter is private.
Share the article:
Trending News & Crypto World
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$0.06307
Market Cap
$425.5M 3.17%
24h Volume
$68.4M
Supplies
10.0B / ∞
Current Price
$0.4055
Market Cap
$405.3M 2.24%
24h Volume
$11.6M
Supplies
1.5B / 1.5B
Current Price
$0.006528
Market Cap
$386.2M -12.76%
24h Volume
$1.8K
Supplies
95.0B / 100.0B
Current Price
$1.041
Market Cap
$380.1M -0.71%
24h Volume
$17.5M
Supplies
365.0M / ∞
Current Price
$2.177
Market Cap
$378.7M 0.27%
24h Volume
$62.7M
Supplies
281.5M / ∞
Current Price
$0.08274
Market Cap
$375.5M 5.90%
24h Volume
$39.4M
Supplies
10.0B / ∞
Current Price
$18.675
Market Cap
$375.4M 4.28%
24h Volume
$5.1M
Supplies
20.1M / 21.0M
Current Price
$0.000000386
Market Cap
$372.4M 5.58%
24h Volume
$10.8M
Supplies
990.0T / 990.0T
Current Price
$0.04453
Market Cap
$365.1M 5.92%
24h Volume
$8.0M
Supplies
10.0B / 10.0B
Current Price
$0.1080
Market Cap
$361.1M -3.01%
24h Volume
$8.0M
Supplies
10.0B / 10.0B
Current Price
$0.3841
Market Cap
$357.9M 0.90%
24h Volume
$4.8M
Supplies
931.0M / 1.0B
Current Price
$0.9982
Market Cap
$357.0M -17.07%
24h Volume
$6.5M
Supplies
357.6M / ∞