Shares of Gemini dropped 10% after the company issued a weak revenue outlook and announced major executive changes.

According to reports, the exchange is undergoing significant restructuring, with its:

• Chief Financial Officer (CFO)
• Chief Operating Officer (COO)
• Chief Legal Officer (CLO)

all set to depart.

A combination of lowered revenue expectations and top-level management turnover often signals:

• internal operational pressure
• margin compression
• strategic repositioning during challenging market conditions

For traders, executive reshuffles at major crypto platforms can increase uncertainty around regulatory strategy, liquidity management, and long-term competitiveness.

The market reaction suggests that investors are pricing in near-term instability, pending clearer guidance on the company’s restructuring plans.