Gemini plans to cut up to 25% of its staff, affecting the US and Singapore markets

2026-02-06 02:51:14

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Odaily Planet Daily News reports that cryptocurrency exchange Gemini plans to cut up to 25% of its staff, affecting up to 200 positions worldwide, including employees in the United States and Singapore. Gemini co-founders Tyler and Cameron Winklevoss stated, “For various reasons, these overseas markets have proven difficult to succeed in. We find ourselves exhausted by the complexity of organization and operations, which has driven up our cost structure and slowed us down.” (Bloomberg)

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