Crypto Exchange Gemini Reports $108 Million Net Loss

3-line summary

• Cryptocurrency exchange Gemini reported a $107.7 million net loss for the second quarter as trading in digital assets slowed on its platform, according to a Yahoo Finance report.
• The loss narrowed 19% from $133.2 million in the same period last year; total revenue was $45.5 million, up 19% year over year.

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