GEMINI SELLS UK AND EUROPEAN OPERATIONS TO STABLECOIN FIRM KAST FOR UNDER $10 MILLION! Winklevoss-founded @Gemini sold its U.K. and European operations to Singapore-based…
Original source excerpt
🚨GEMINI SELLS UK AND EUROPEAN OPERATIONS TO STABLECOIN FIRM KAST FOR UNDER $10 MILLION! Winklevoss-founded @Gemini sold its U.K. and European operations to Singapore-based stablecoin payments compan…
🚨GEMINI SELLS UK AND EUROPEAN OPERATIONS TO STABLECOIN FIRM KAST FOR UNDER $10 MILLION! Winklevoss-founded @Gemini sold its U.K. and European operations to Singapore-based stablecoin payments company @KASTxyz for under $10 million, according to a person familiar with the matter as reported by @CoinDesk. The sale follows Gemini’s February decision to wind down those markets, cut roughly 25% of staff, and refocus on the U.S. and Singapore. A KAST recruitment listing last month referenced transitioning Gemini’s U.K. and EU staff; Gemini declined to comment while KAST said it is actively pursuing M&A.
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