According to CoinMeta, cryptocurrency exchange Gemini released its financial report for the third quarter of 2026, which showed total revenue of $40.9 million, a year-on-year decrease of 19% and a quarter-on-quarter decrease of 10%. The net loss was $58.6 million, which is narrower than nearly $160 million in the same period last year and $107.7 million in the previous quarter. Operating expenses decreased by 30% to about $120 million. In the third quarter, trading volume was $4.5 billion, a year-on-year decrease of 73% but a quarter-on-quarter increase of 18%. Exchange business revenue decreased by 47% to $13.4 million, while credit card business revenue decreased by 4% to $15.5 million. The platform's asset size increased from $8.4 billion in the second quarter to $13.4 billion. Additionally, Gemini predicts that market business revenue will increase by 52% to $800,000 quarter-on-quarter. The company is seeking to open its trading and clearing infrastructure to brokers interested in providing event contracts, and the cooperation with Apex Fintech Solutions is currently still in the preliminary agreement stage.