Winklevoss Twins-Led Gemini Sells UK, Europe Businesses for Under $10M: Report

TLDR: Gemini reportedly has sold its U.K. and European businesses to Singapore-based KAST for less than $10 million. The sale follows Gemini’s February plan to exit the UK, EU and Australia and shed 25% of its global workforce. Gemini’s second-quarter exchange revenue fell 38% to $12.5 million as services revenue rose 149% year on year. [...]

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