Gemini’s Volatile 13.5% Drop Leaves It 417th in U.S. Trading Volume Amid Strategic Shifts and Regulatory Adjustments

, . The stock ranked 417th in trading volume among U.S. equities, . Market participants observed heightened volatility following a series of strategic updates and regulatory developments.

Recent disclosures highlighted Gemini's partnership with a major blockchain infrastructure provider to expand its institutional custody solutions. The collaboration involves integrating advanced security protocols across its digital asset platforms, . Analysts noted this could position Gemini as a key player in the space amid rising regulatory clarity.

A separate regulatory filing revealed the exchange's compliance with new SEC guidelines for crypto derivatives trading. The updated framework requires enhanced know-your-customer protocols and real-time transaction monitoring, . However, the move aligns Gemini with broader industry standards as regulators continue to tighten oversight of digital asset markets.

Product development updates included a beta launch of its cross-chain settlement platform, which aims to reduce transaction latency between major blockchain networks. While the feature is still in testing phases, early feedback from institutional clients indicated potential for improved liquidity management in multi-chain portfolios.

To run this back-test precisely, . Stock universe - Should we rank "all U.S. listed common stocks" each day, , , etc.? 2. , ? 3. ? 4. , or apply a round-trip cost (e.g., ? 5. . , or absolute return only? Once these points are settled I can generate the data-retrieval plan and run the back-test.