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Gemini sells UK and European units to KAST for less than $10M
#GeminiSpaceStation (GEMI), the New York-based parent company of the crypto exchange founded by Cameron and Tyler Winklevoss, has sold its U.K. and European businesses to stablecoin payments firm #KAST for less than $10M. The deal was first hinted at in a KAST recruitment listing about a month ago, which described the European general manager's role as overseeing the transition of Gemini's U.K. and EU staff. The sale comes after #Gemini announced plans earlier this year to scale back its international operations and restructure its business to cut costs and achieve profitability.
👉 coindesk.com/business/2026/11/12/gemini-sells-uk-and-european-operations-to-stablecoin-payments-firm-kast-for-under-usd10-million
Gemini sells UK and European units to KAST for less than $10M
#GeminiSpaceStation (GEMI), the New York-based parent company of the crypto exchange founded by Cameron and Tyler Winklevoss, has sold its U.K. and European businesses to stablecoin payments firm #KAST for less than $10M. The deal was first hinted at in a KAST recruitment listing about a month ago, which described the European general manager's role as overseeing the transition of Gemini's U.K. and EU staff. The sale comes after #Gemini announced plans earlier this year to scale back its international operations and restructure its business to cut costs and achieve profitability.
👉 coindesk.com/business/2026/11/12/gemini-sells-uk-and-european-operations-to-stablecoin-payments-firm-kast-for-under-usd10-million
#GeminiSpaceStation (GEMI), the New York-based parent company of the crypto exchange founded by Cameron and Tyler Winklevoss, has sold its U.K. and European businesses to stablecoin payments firm #KAST for less than $10M. The deal was first hinted at in a KAST recruitment listing about a month ago, which described the European general manager's role as overseeing the transition of Gemini's U.K. and EU staff. The sale comes after #Gemini announced plans earlier this year to scale back its international operations and restructure its business to cut costs and achieve profitability.
👉 coindesk.com/business/2026/11/12/gemini-sells-uk-and-european-operations-to-stablecoin-payments-firm-kast-for-under-usd10-million
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