Gemini's stock price has dropped by about 80% compared to its IPO, with its market value shrinking to $753 million

Canary Capital has submitted Amendment 2 to the S-1 registration statement for the Staked SEI ETF, which will hold spot SEI.

The stock price of Gemini Space Station has fallen by about 80% since its listing, and its market value has shrunk from about $4 billion to $753 million. In the second quarter, Gemini Space Station's revenue decreased by 38% year-on-year to $12.5 million, spot trading volume decreased by 66% to $3.8 billion, and platform assets decreased from $18.2 billion to $8.4 billion. ARK Invest research director Lorenzo Valente suggested that Hyperliquid acquire Gemini, but Hyperliquid did not actively pursue it. The Winklevoss brothers hold 94.5% of the voting rights, and any sale requires their consent. (Source: CoinDesk)

NEAR launches' default confidential 'perpetual contract trading supported by Hyperliquid, with an increase of over 80% within seven days.

The Russian central bank has released a draft to limit the exposure of banks to covered cryptocurrency assets and overseas digital tools to no more than 1% of their own capital. The draft sets two ratios, N31 and N32, which include direct investments, cryptocurrency price linked derivatives, as well as loans, bonds, and repurchases whose settlement or value depends on cryptocurrency assets. Whether customer custody assets are included depends on the loss bearing party, whether the bank or digital custody institution within the group is responsible for the inclusion, and whether they are not responsible is excluded from the two ratios but provisioned at a 50% risk weight. Customer positions held by self owned accounts and banks are subject to a 1250% risk weight. The draft plan is scheduled to be released in the fourth quarter of 2026 and will take effect 10 days after its release. Banks expect to submit N31 and N32 values starting from January 2027. (Source: CryptoSlate)

The TRUMP team officially allocated wallets and transferred 8.73 million TRUMP tokens worth approximately $17.99 million to BitGo custody institutions; In the past two weeks, the team has transferred approximately 31 million TRUMP tokens worth around $70.64 million to BitGo. （Onchain Lens）