# Potential Buyers Evaluate Partial Acquisition of Gemini Exchange: CoinDesk *Author: Jack Inabinet* *Published: Apr 9, 2026* *Source: https://www.bankless.com/read/news/potential-buyers-evaluate-partial-acquisition-of-gemini-exchange-coindesk* --- According to reporting fro CoinDesk, unnamed potential buyers are evaluating an acquisition of parts of Gemini Space Station (NASDAQ: GEMI), the crypto exchange backed by the billionaire Winklevoss twins. ### What's the Scoop? - **Looming Purchase:** Potential buyers are [exploring](https://www.coindesk.com/business/2026/04/02/potential-buyers-are-circling-winklevoss-backed-crypto-exchange-gemini) the acquisition of parts of crypto exchange Gemini, according to a person with direct knowledge of the matter cited by CoinDesk. Buyers are apparently interested in acquiring the exchange's shuttered operations in Europe and the United Kingdom as a ploy to more easily obtain regulatory licenses in these jurisdictions. - **Overseas Retreat: **This February, Gemini [laid off ](https://www.bankless.com/read/news/gemini-retreats-overseas-slashes-25-of-workforce)roughly 25% of its workforce and announced an overseas retreat and shuttered international operations across the United Kingdom, European Union, and Australia as part of a broader effort to increase productivity and manage costs. [CRYPTO M&A: Potential buyers are circling Winklevoss-backed crypto exchange Gemini (GEMI)Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.![](https://static.ghost.org/v5.0.0/images/link-icon.svg)CoinDeskWill Canny![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/thumbnail/401344804817aea2ba50a41ccdb2399c8dd863f2-1920x1080.png)](https://www.coindesk.com/business/2026/04/02/potential-buyers-are-circling-winklevoss-backed-crypto-exchange-gemini)