Potential buyers are evaluating an acquisition of parts of Gemini Space Station (GEMI), the crypto exchange backed by the billionaire Winklevoss twins, according to a person with direct knowledge of the matter.

The New York-based firm said in February that it was cutting its global workforce by 25% and shutting down its operations in the U.K., the European Union and Australia and keeping only its U.S. and Singapore businesses.

Some would-be acquirers are interested in buying the company’s now-shuttered operations in Europe and the U.K. to obtain regulatory licenses in these jurisdictions and are not interested in a full takeover of the Nasdaq-listed company, the person said, who spoke on condition of anonymity as the matter is private.

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