Gemini and Apex sign LOI for crypto prediction markets distribution. 2026-08-24 04:09:17 Key takeaways. * Gemini and Apex signed letter of intent on Monday for exclusive crypto prediction markets distribution. * Gemini Titan secured CFTC licenses in December 2025 and April 2026 for market operations. * Gemini Titan recorded over 225 million event contracts traded with 27,000 cumulative traders in Q2 2026. Gemini Space Station Inc. and Apex Fintech Solutions Inc. signed a letter of intent on Monday for the distribution of crypto prediction markets. Under the agreement, Gemini Titan, the prediction market subsidiary of the crypto trading platform, would become the exclusive regulated venue for crypto event contracts distributed through Apex's Futures Commission Merchant (FCM) to Apex's brokerage customers. The two firms have not finalized the deal and plan to settle collaboration details in the coming weeks. Gemini launched prediction markets trading in December 2025 after Gemini Titan secured a Designated Contract Market license from the Commodity Futures Trading Commission, and in April 2026, its subsidiary Gemini Olympus obtained a Derivatives Clearing Organization license from the CFTC. Gemini Titan becomes exclusive venue for Apex brokerage clients. Brokerages that offer crypto event contracts through Apex's FCM will use Gemini for execution and clearing. The two companies may further collaborate on other event contract categories, such as sports, economics, and financial markets, on a non-exclusive basis. Gemini and Apex previously collaborated when Gemini launched 0% commission stock trading for certain U.S. customers with Apex Clearing Corporation as the custodian and clearing broker. Gemini secures DCM and DCO licenses for prediction markets. Gemini Titan secured a Designated Contract Market (DCM) license from the Commodity Futures Trading Commission before launching prediction markets trading in December 2025. In April 2026, Gemini Olympus obtained a Derivatives Clearing Organization (DCO) license from the CFTC, allowing it to handle derivatives clearing and settlement for Gemini Titan in-house. Gemini Titan records 225 million event contracts in Q2 2026. Gemini's second-quarter 2026 earnings presentation shows that more than 225 million event contracts have been traded on Titan, with over 27,000 cumulative number of traders. Polymarket and Kalshi continue to dominate the market with tens of billions in monthly trading volume. Winklevoss twins position prediction markets as future capital markets. Prediction markets are one of the core factors of Gemini 2.0 alongside artificial intelligence, as founders Tyler and Cameron Winklevoss have previously announced. "Our thesis is that prediction markets will be as big or bigger than today's capital markets," the Winklevoss twins said. "Predictions will be the machine within our app to see the future. A truth machine." Faq. What did Gemini and Apex announce on Monday? Gemini Space Station Inc. and Apex Fintech Solutions Inc. signed a letter of intent for the distribution of crypto prediction markets, with Gemini Titan becoming the exclusive regulated venue for crypto event contracts distributed through Apex's Futures Commission Merchant to Apex's brokerage customers. When did Gemini Titan obtain regulatory licenses for prediction markets? Gemini Titan secured a Designated Contract Market license from the Commodity Futures Trading Commission before launching prediction markets trading in December 2025. In April 2026, Gemini Olympus obtained a Derivatives Clearing Organization license from the CFTC. How many event contracts have been traded on Gemini Titan? Gemini's second-quarter 2026 earnings presentation shows that more than 225 million event contracts have been traded on Titan, with over 27,000 cumulative number of traders. Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Gemini and Apex Fintech Solutions collaborate to bring Gemini's regulated crypto prediction markets to Apex's distribution network. * 1 hr ago Gemini is now positioned to be the exclusive CFTC-regulated venue for crypto event contracts distributed through Apex's FCM, giving Apex's brokerage clients regulated access to crypto prediction markets without building their own exchange connectivity NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) - Today, Gemini Space Station, Inc. ("Gemini") and Apex Fintech Solutions Inc. ("Apex") announced they have signed a letter of intent under which Gemini Titan, a subsidiary of Gemini, would become the exclusive regulated venue for crypto event contracts distributed through Apex's Futures Commission Merchant (FCM) to Apex's brokerage customers. Under the alliance, brokerages that offer crypto event contracts through Apex's FCM will use Gemini for execution and clearing - making Gemini the go-to regulated venue for crypto-based predictions markets accessed through Apex. Beyond crypto, Gemini affords Apex the flexibility to collaborate on additional contract categories, including sports, economics, and financial markets, on a non-exclusive basis. This collaboration builds on Gemini's recent product and regulatory milestones. In April, its subsidiary, Gemini Olympus, obtained a CFTC Derivatives Clearing Organization (DCO) license, bringing derivatives clearing and settlement for Gemini Titan in-house. In December 2025, Gemini Titan secured a Designated Contract Market (DCM) license from the CFTC, enabling Gemini to launch predictions trading. "Leveraging more than a decade of experience building and operating a regulated platform for crypto, a new and emergent asset class, we deliberately chose to build our predictions platform in-house," said Tyler Winklevoss, CEO of Gemini. "We believe that predictions are the future of markets, and this strategy allows us to expand our offering and open access to valued partners like Apex as demand for event contracts grows." In July, Gemini announced the launch of stock trading with 0% commissions for certain customers in the United States with Apex Clearing Corporation, a wholly owned subsidiary of Apex acting as the custodian and clearing broker. "At Apex, we've always believed in meeting the market where it's going," said Travis McGhee, Global Head of Digital Markets at Apex Fintech Solutions. "This partnership with Gemini is about building the bridge between traditional finance and what's next. Our brokerage clients get regulated access to crypto event contracts without having to build the plumbing themselves. That's the Apex model." Gemini and Apex look forward to finalizing the details of this strategic collaboration in the coming weeks. Disclosures Channels for Disclosure of Information As a reminder, Mycarrollcountynews announce material information to the public through filings with the SEC, the investor relations page on its website (investors.gemini.com), the blog on its website (www.gemini.com/blog), press releases, public conference calls, public webcasts, its X account (@gemini), and its LinkedIn page. The information disclosed in the foregoing channels could be deemed to be material information and Mycarrollcountynews use these channels for complying with its disclosure obligations under Regulation FD. As such, Mycarrollcountynews encourage investors, the media, and others to monitor the channels listed above and to review the information disclosed through such channels. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Gemini's business strategy; its entry into a non-binding letter of intent ("LOI") with Apex; the anticipated terms and structure of the potential partnership contemplated by the LOI; Gemini's expectations regarding event contracts and demand; and Gemini's regulatory approvals and plans. These statements are subject to risks, uncertainties, and assumptions, including the possibility that the parties fail to reach a definitive agreement, that market or business conditions change, and those risks described in Gemini's filings made from time to time with the U.S. Securities and Exchange Commission. These forward-looking statements are based on management's beliefs and assumptions, and investors should not place undue reliance on any such forward-looking statements because they speak only as of the date they are made. Actual results could differ materially from those anticipated or implied. Except as required by law, Gemini assumes no obligation to update these forward-looking statements. About Gemini Gemini (NASDAQ: GEMI) is a global crypto and prediction markets platform founded by Cameron and Tyler Winklevoss in 2014. Gemini offers a wide range of crypto and markets products and services for individuals and institutions. Gemini's simple, reliable, and secure products are built to unlock the next era of financial, creative, and personal freedom. About Apex Apex Fintech Solutions provides the tools and services that enable hundreds of clients to launch, scale, and support digital investing for tens of millions of end investors. The company provides essential infrastructure and a comprehensive ecosystem of cloud-based products to enable and streamline trading, wealth management, cost basis, tax reporting, and, through its subsidiary Apex Clearing(TM), custody and clearing. Apex Clearing Corporation is registered with the Commodity Futures Trading Commission (CFTC) as an Futures Commissions Merchant with the National Futures Association (NFA), operating under their regulatory oversight for futures, CFTC-regulated cleared swaps/event/prediction market contracts. Apex Clearing Corporation, a wholly-owned subsidiary of Apex Fintech Solutions Inc., is an SEC registered broker dealer, a member of FINRA and SIPC, and is licensed in 53 states and territories. Securities products and services referenced herein are provided by Apex Clearing Corporation. FINRA BrokerCheck reports for Apex Clearing Corporation are available at: https://www.finra.org/brokercheck

Gemini wants Apex's crypto prediction flow. But Apex already has Kalshi. Monday, 24/08/2026 | 12:43 GMT-7 by Tanya Chepkova * Gemini would execute and clear crypto event contracts offered through Apex's FCM. * Apex already connects brokers to Kalshi; the letter of intent does not explain any overlap. Gemini is moving to turn its in-house prediction market infrastructure into a broker distribution business, ten days after Cameron Winklevoss called predictions "the largest near-term growth opportunity on the platform." A non-binding letter of intent with Apex Fintech Solutions would make Gemini the exclusive regulated venue for crypto event contracts distributed through Apex's Futures Commission Merchant (FCM). Under the proposed arrangement, brokerages offering these contracts through Apex's FCM would use Gemini for execution and clearing. The companies have yet to agree on the final terms. Gemini aims at broker distribution. The proposed collaboration follows Gemini's second-quarter results, in wich the company stated that its prediction-markets business generated $500,000 or 1% of the total revenue. Despite the limited contribution, Gemini President Cameron Winklevoss described predictions during the earnings call as the platform's largest near-term growth opportunity. The Apex arrangement outlines one way Gemini plans to expand the business: contract flow could come from brokerage customers connected through Apex, rather than only from users accessing Gemini directly. By prior arrangements, Gemini's regulated subsidiaries would provide the infrastructure solutions. Gemini Titan holds a CFTC Designated Contract Market licence, while Gemini Olympus has a Derivatives Clearing Organisation licence covering clearing and settlement. "We deliberately chose to build our predictions platform in-house," Gemini CEO Tyler Winklevoss said. He added that this structure allows the company to make the product available to partners such as Apex. Crypto exclusivity meets existing Kalshi access. The exclusivity clause is notable because Apex already offers brokers access to Kalshi through its API-based event-contract infrastructure. That service allows brokers and fintech companies to integrate Kalshi contracts into their own interfaces without building direct exchange connectivity or separate FCM infrastructure. Kalshi provides the regulated marketplace, while Apex supplies the connection and supporting account infrastructure. Under the Gemini LOI, however, crypto event contracts distributed through Apex's FCM would be executed and cleared exclusively by Gemini. The companies could also collaborate on contracts covering sports, economics and financial markets, but those categories would remain non-exclusive. The announcement does not explain how the proposed crypto exclusivity would interact with Apex's existing Kalshi integration. It also provides no product specifications, commercial terms, eligible brokerages or customers, or launch date. The companies said they expect to finalise the details in the coming weeks, but they have not yet signed a definitive agreement. Tanya Chepkova is a News Editor at Finance Magnates with more than 16 years of experience in financial journalism, covering forex, crypto, and digital asset markets. Her work spans daily industry reporting and data-driven, long-form explainers focused on market structure, trading models, and regulatory shifts. Before joining Finance Magnates, she led the editorial team of a cryptocurrency-focused media outlet for six years. Her reporting combines analytical depth with clear storytelling, with particular attention to how structural changes in trading, stablecoin infrastructure, and emerging products such as prediction markets reshape the broader financial ecosystem. She covers global developments and provides additional insight into CIS markets. Areas of Coverage: Crypto and digital asset markets Prediction markets Stablecoins and cross-border payments Industry analysis and long-form explainers * 398 Articles * 3 Followers