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KAST buys Gemini's UK and EU operations

PRIVATENov 12, 2026

Acquiring Company

KAST

Acquired Company

Gemini

New YorkFinancial ServicesFinanceFintechLendingCommerce and ShoppingFinancial ServicesSoftwareCommerce And ShoppingPaymentsE CommerceBlockchainCryptocurrency

Description

Gemini sold its U.K. and European operations to stablecoin payments company KAST, according to a person familiar with the matter. The purchase price was below $10 million. The deal follows Gemini's February decision to wind down UK, EU and Australia operations and cut about 25% of its global workforce.

Quick answer

KAST is acquiring Gemini, announced November 12, 2026. KAST is based in New York, New York, United States.

How much did KAST pay for Gemini?
The deal value was not disclosed.
What does KAST do?
KAST is a global money app providing financial services and solutions.
Where are KAST and Gemini based?
KAST is based in New York, New York, United States.
Who are the decision-makers at KAST?
Fundz holds 2 contacts at KAST. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

KAST

Location

New York, New York, United States

About

KAST is a global money app providing financial services and solutions. It aims to simplify financial management for its users through innovative technology and user-friendly interfaces.

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Frequently asked

Who acquired Gemini?

Gemini was acquired by KAST, based in New York. The deal was reported on November 12, 2026. KAST is a global money app providing financial services and solutions. It aims to simplify financial management for its users through innovative technology and user-friendly interfaces. KAST is privately held and operates in Financial Services.

When did KAST acquire Gemini?

KAST's acquisition of Gemini was reported on November 12, 2026. Gemini sold its U.K. and European operations to stablecoin payments company KAST, according to a person familiar with the matter. The purchase price was below $10 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gemini do?

Gemini is a platform that allows customers to buy, sell, store, and earn cryptocurrencies like bitcoin, ether, and DeFi tokens. Gemini's simple, innovative, and secure products are built to empower the individual. It is privately held, operating in Commerce and Shopping.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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