Company Profile
| Parent Company | Gemini Space Station Inc. / Gemini Trust Company, LLC |
|---|---|
| Ownership | Public (Nasdaq: GEMI since Sep 2025); major shareholders include founders Tyler and Cameron Winklevoss |
| Headquarters | New York City (1 State Street, Manhattan), USA |
| Founded | 2014 (announced 2013, launched 2015) |
| Founders | Cameron Winklevoss, Tyler Winklevoss |
| CEO / Leadership | CEO: Tyler Winklevoss; President: Cameron Winklevoss; other leaders: Chris Mariadason (CCO), Danijela Stojanovic (Interim CFO), Kate Freedman (Interim GC) |
| Employees | ~445 (as of March 2026, after 30% reduction) |
Funding and Valuation
| Funding | $400M (2021, led by Morgan Creek Digital, valuation $7.1B); IPO $425M (Sep 2025) |
|---|---|
| Revenue / Valuation | Revenue: $180M (2025, up 26%); manages $21B assets; public market cap fluctuates (e.g., shares at ~$6-32 post-IPO) |
Licensing and Regulation
US (NYDFS) Malta (MGA) MiFID II (EU, 2025) money transmitter licenses in ... UK (FCA)
NY BitLicense / Limited Purpose Trust Charter (NYDFS, 2015) / MiCA (Malta MFSA, 2025) / money transmitter licenses in most US states / FCA EMI (UK)
Regulatory History
$5M CFTC penalty (false statements, date ~2025)
SEC case on Gemini Earn dismissed (2026) after full investor repayment
NYDFS supervision
Security Track Record
- No major hacks or fund losses to exchange
- third-party data breaches: Twilio/Authy (2022, contact info)
- ACH vendor (2024, bank details for 15K users)
- alleged 100K user data leak (2025, unconfirmed)
| Proof of Reserves | No public PoR; provides reserves attestations for GUSD stablecoin (NYDFS required) |
|---|
Sister Brands
Nifty Gateway (NFT marketplace, acquired 2019, closed Feb 2026)Gemini Dollar (GUSD stablecoin)
Key Events
2014
Founded
2015
NYDFS charter/BitLicense, launch
2016
First licensed ETH exchange
2018
Zcash listing
2021
Gemini Earn, $400M raise
2025
MiCA/MiFID EU licenses, S-1 filing, Nasdaq IPO (GEMI)
2026
30% staff cut, exit UK/EU/Australia, Nifty closure