[Gemini Sells UK and European Operations to KAST for Less Than $10 Million] Odaily reports that Gemini has sold its UK and European operations to stablecoin payments company KAST for less than $10 million. According to sources, Gemini Space Station (GEMI), a holding company founded by the Winklevoss brothers, completed the transaction. About a month ago, a KAST job posting mentioned the deal and requested a new European general manager to oversee the handover of Gemini's UK and EU operations. Gemini declined to comment. A KAST spokesperson did not directly address the transaction but stated that the company is actively seeking acquisition opportunities as its revenue and business reach expand. This sale comes after Gemini decided to scale back its international operations and restructure its business to reduce costs and achieve profitability. In February, Gemini announced plans to gradually close its UK, EU, and Australian operations and lay off approximately 25% of its global workforce, while retaining operations in the US and Singapore markets.