Gemini Posts 42% Revenue Growth, Reveals Prediction Market Figures

Gemini reported 42% revenue growth in Q1 and revealed new prediction market metrics after launching the product in December.

Crypto exchange Gemini reported $50.3 million in total revenue for the first quarter of 2026, a 42% increase from $35.3 million in the same period a year earlier, driven by gains in services, OTC trading, and its credit card segment.

Shares of Gemini jumped as high as 30% in after-hours trading on Thursday following the results announcement, which was also accompanied by the announcement of Tyler and Cameron Winklevoss’s $100 million strategic investment in Gemini through their Winklevoss Capital Fund, funded in Bitcoin.

The company also disclosed for the first time metrics for its prediction market product, which launched in December. Gemini's prediction market generated $400,000 in revenue since launch, with more than 20,000 users and over 100 million contracts traded. The company said that April

volume rose 78% from the prior month. By comparison, Kalshi and Polymarket each regularly record daily volumes of between $300,000 and $500,000.

Services and interest revenue, which includes credit cards, staking, and custody, totaled $24.5 million for the quarter, up more than 120% year-over-year and accounting for nearly half of total revenue. Credit card revenue alone reached $14.7 million, a 300% increase from the prior year.