BlockchainCrypto

Gemini sells UK and European operations to stablecoin payments firm KAST for under $10 million

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 12/11/2026, 09:10:24 UTC.

Briefings

Gemini sold its UK and European operations to KAST, a stablecoin payments firm, for less than $10 million. This transaction occurred after the Winklevoss-founded crypto exchange retreated from several overseas markets as it restructured its business. The sale represents a significant shift in Gemini's global footprint, moving assets away from traditional banking jurisdictions to a new payment-focused entity.

Key points

• Gemini sold UK and European operations to KAST for under $10 million.
• The sale followed the Winklevoss-founded crypto exchange's retreat from overseas markets.

Context

Gemini, a Winklevoss-founded crypto exchange, is restructuring its business by selling overseas operations to KAST, a stablecoin payments firm. This move reflects a broader trend of the exchange retreating from several overseas markets as it restructures its business.

Limitations

Evidence is limited to a single sentence stating the sale followed the Winklevoss-founded crypto exchange's retreat from several overseas markets as it restructures its business. Specific transaction details, dates, or financial figures are not provided in the source.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 12/11/2026, 10:06:29 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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