Gemini Teams Up with Apex to Distribute Crypto Prediction Markets
Gemini, a major cryptocurrency exchange, has signed a non-binding letter of intent with Apex Fintech Solutions to expand its prediction-market business. The deal would make Gemini the exclusive regulated venue for crypto event contracts offered by brokerage firms through Apex's Futures Commission Merchant (FCM).
Apex provides trading and clearing infrastructure to hundreds of financial firms, serving tens of millions of investors. This partnership would allow participating brokerages to use Gemini for execution and clearing, giving Gemini a new distribution channel for its regulated prediction-market business.
Gemini has been building out its regulated prediction-market business since receiving approval from the US Commodity Futures Trading Commission in December 2025 to operate a designated contract market. The company also received approval in April to clear derivatives in-house. This expansion would enable Gemini to reach a broader audience and increase its presence in the crypto event contracts market.