CRYPTO M&A: Potential buyers are circling Winklevoss-backed crypto exchange Gemini (GEMI)
By Will Canny
Published on April 9, 2026.
Potential buyers are considering acquiring parts of Gemini Space Station (GEMI), the crypto exchange backed by the Winklevoss twins. The New York-based firm announced in February that it was cutting its global workforce by 25% and shutting down its operations in the U.K., EU, and Australia. Some potential buyers are interested in buying Gemini's operations in Europe and the UK to obtain regulatory licenses in these jurisdictions. However, they are not interested in a full takeover of the Nasdaq-listed company. The company recently parted ways with three top executives, including COO Marshall Beard, CFO Dan Chen and CLO Tyler Meade.
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