Gemini Space Station launched commission-free stock trading in the U.S. on Tuesday, expanding beyond its crypto roots as it looks to build what the Winklevoss twins are calling a full financial super app.
Your watchlist called.
Stocks are now available on Gemini đź“Š
→ Thousands of US stocks & ETFs
→ Zero commissions
→ Fractional shares
→ One super app for all your finance needs pic.twitter.com/sYDl0gBiJB— Gemini (@Gemini) July 7, 2026
The crypto platform will let customers in qualifying jurisdictions trade thousands of U.S. exchange-listed securities directly through the Gemini app. Nasdaq will supply real-time market data, and Apex Clearing Corp., a subsidiary of Apex Fintech Solutions, will serve as custodian and clearing broker.
Securities are offered through Gemini Galactic Markets, LLC, a FINRA and SIPC member. Fees may still apply for certain transaction types.
Gemini Space Station, Inc., GEMI
GEMI stock was trading at $4.35 before the news, and slid 3.9% in early Tuesday trading following the announcement. The stock is down 86% over the past year, with a market cap of around $526 million. Revenue grew 39% over the last twelve months, but the company remains unprofitable.
“We have over a decade of experience in building financial platforms,” said Cameron Winklevoss, co-founder and president of Gemini. “We started with crypto and are expanding to stocks so that customers can manage their entire financial lives right from the Gemini app.”
CEO Tyler Winklevoss added: “Our goal is to bring many financial products, from crypto to equities to derivatives, under one regulated platform.”
The move puts Gemini in direct competition with Robinhood (HOOD) and Coinbase (COIN). Both stocks felt the pressure — COIN dropped 2.4% and HOOD fell 2.3% on Tuesday.
Gemini isn’t starting from scratch on the regulatory side. The company received FINRA approval to operate as a broker-dealer back in 2022. It has since updated that registration to operate as an introducing broker, allowing it to route customer orders in all NMS securities to Apex for execution and clearance.
In April 2026, Gemini also secured a Derivatives Clearing Organization license from the CFTC — another piece of the broader regulated platform puzzle the company is building.
The service is not currently available in Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, Washington D.C., or Guam.
In Q1 2026, Gemini posted an EPS of -$0.93, missing the forecasted -$0.61 — a miss of roughly 52%. Revenue for the quarter came in at $50.27 million, up 42% year-over-year.
Mizuho cut its price target on GEMI from $12 to $10 earlier this year but kept an Outperform rating, pointing to the company’s push toward becoming a diversified markets platform.
At the company’s annual meeting, shareholders re-elected six directors including Tyler and Cameron Winklevoss to serve until 2027.
InvestingPro data currently suggests GEMI may be undervalued at current price levels.
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