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GEMI Stock Falls After Winklevoss’ Crypto Exchange Joins Coinbase, Kraken In Stock Trading Push — TradingView News

GEMI Stock Falls After Winklevoss’ Crypto Exchange Joins Coinbase, Kraken In Stock Trading Push — TradingView News

Gemini (GEMI) shares dropped in morning trade on Tuesday after the company announced the launch of commission-free stock trading for U.S. customers with broader cryptocurrency market losing momentum after Monday’s rally.

The move puts Gemini among the growing list of crypto exchanges pushing into equities, including Coinbase (COIN), Kraken and Jack Dorsey-led Block’s (XYZ) Cash App. Coinbase launched U.S. stock trading through Apex Clearing amid its ‘Everything Exchange’ push in February. Kraken already offers commission-free trading on more than 11,000 stocks and ETFs. Cash App Investing selected Apex as its new clearing and custody provider in May, migrating away from DriveWealth.

“We started with crypto and are expanding to…

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