Gemini Sells UK and European Operations to Stablecoin Payments Firm KAST for Less Than $10 Million
Key Highlights: Potential buyers are examining Gemini’s shuttered U.K. and European businesses for their regulatory permissions rather than seeking to acquire the entire Nasdaq-listed company. Singapore-based KAST offers stablecoin accounts, cross-border transfers and payment cards for consumers and businesses. The activity reflects a broader shift toward smaller crypto acquisitions focused on licenses, distribution networks and ...