Gemini Partners with Apex to Offer Digital Asset Event Contracts
Gemini, a major US-based cryptocurrency exchange, has signed a non-binding letter of intent (LOI) with Apex Fintech Solutions to offer its digital asset event contracts to Apex's securities firm customers.
The partnership will see Gemini's subsidiary, Gemini Titan, provide exclusive regulatory trading venues for the event contracts through Apex's futures commission merchants (FCMs).
Gemini Titan is already a designated contract market (DCM) by the US Commodity Futures Trading Commission (CFTC), and it will handle all trading executions.
The event contracts are set to be provided through Apex Clearing Corporation, which is registered with the CFTC as an FCM.