Gemini and Apex Fintech Solutions have signed a non‑binding letter of intent that would make Gemini Titan the exclusive regulated venue for crypto event contracts offered by brokerages through Apex’s Futures Commission Merchant (FCM).
Under the proposed arrangement, participating brokerages would use Gemini for execution and clearing of those contracts, providing the exchange with a new distribution channel for its prediction‑market business.
Apex supplies trading and clearing infrastructure to hundreds of financial firms serving tens of millions of investors. Gemini has been building its regulated prediction‑market platform after receiving CFTC approval to operate a designated contract market in December 2025 and to clear derivatives in‑house in April.
The firms already cooperate on equities; Apex Clearing handles custody and clearing for Gemini’s zero‑commission U.S. equities offering launched in July.
The partnership is announced as prediction markets face heightened state‑level legal challenges. A Washington state judge recently ordered Kalshi to stop offering a broad range of event contracts, rejecting the argument that federal commodities law preempts state gambling statutes.
