Cryptocurrency exchange Gemini (NASDAQ: $GEMI) has reported a $107.7 million U.S. net loss for this year’s second quarter as trading in digital assets slowed on its platform. 

The company, led by twin brothers Cameron and Tyler Winklevoss, said that the latest net loss narrowed 19% from a loss of $133.2 million U.S. in the same period last year.

At the same time, Gemini reported $45.5 million U.S. in total revenue, up 19% from $33.3 million U.S. a year earlier.

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