Gemini shares jump on acquisition interest report
Investing.com -- Shares of Gemini Space Station rose more than 12% on Thursday, climbing above $5, after Coindesk reported that potential buyers have approached the crypto exchange backed by the Winklevoss twins.
According to the report, potential acquirers are evaluating an acquisition of parts of Gemini Space Station. Some interested parties are looking to buy the company's shuttered operations in Europe and the U.K. to obtain regulatory licenses in these jurisdictions, a person familiar with the matter told Coindesk.
The potential buyers are not interested in a full takeover of the Nasdaq-listed company, the the report added.
