Gemini Splashdown?
Things look worrying for a platform already in cost cutting mode as Winklevoss’ Gemini Risks A Hard Landing After The Crypto Rout (Bloomberg) / Gemini Cuts More Staff As Crypto Firm’s Valuation Plunges 82% (PYMNTS).
The bigger factor here is not the size/scope/scale, maybe even survival in the future of Gemini, the clear lesson is that if Gemini has these problems then thousands of other crypto early stage pre profit / perhaps pre revenue, crypto/digital entities are in the same mess.
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