Hoskinson criticized Gemini’s refusal to list ADA, arguing that the decision cost the platform $70 million in lost revenue. “Gemini is the only major exchange that doesn’t trade with ADA.” We estimate that this has cost Gemini $70,000,000 over the last 5 years.
Cardano founder Charles Hoskinson criticized Gemini’s decision not to list ADA, arguing the move limits trader access and harms the exchange’s revenue. He noted that Gemini is the only major exchange that doesn’t trade ADA, a stance he says undermines liquidity and market reach. The comment highlights broader tensions surrounding token listings and exchange policy.
Hoskinson estimates that the policy has cost Gemini about $70 million in revenue over the past five years. He argues that such listing decisions have tangible financial consequences for platforms and for market participants seeking exposure to ADA. The dispute underscores ongoing debates in the crypto industry over how exchanges decide which tokens to support, with investors watching to see how Gemini might adjust its ADA coverage and what this means for liquidity and price discovery.
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