Gemini and Apex Fintech Solutions have signed a non-binding letter of intent to collaborate on the distribution of crypto prediction markets. Under the proposed agreement, Gemini Titan would become the exclusive regulated platform for crypto event contracts available to Apex’s brokerage clients through its Futures Commission Merchant.
The partnership leverages Apex’s infrastructure, which delivers trading and clearing services to hundreds of financial institutions, potentially granting Gemini access to tens of millions of investors. Brokerages utilizing Apex’s FCM for crypto event contracts would be required to handle execution and clearing through Gemini's platform. Furthermore, the companies are exploring non-exclusive collaboration on other event contract segments, such as sports, economic indicators, and financial market outcomes. The final terms are expected to be completed in the coming weeks.
Growth of Gemini Titan and Regulatory Context
Gemini entered the prediction market sector in December 2025 after Gemini Titan received Designated Contract Market authorization from the Commodity Futures Trading Commission. In April 2026, another subsidiary, Gemini Olympus, secured Derivatives Clearing Organization approval from the CFTC to internally handle derivatives clearing and settlement.
Since its launch, Gemini Titan has recorded over 225 million event contract transactions and attracted more than 27,000 individual traders, though competitors like Polymarket and Kalshi maintain larger market shares with monthly volumes in the tens of billions. Co-founders Tyler and Cameron Winklevoss have emphasized their belief that prediction markets will eventually rival or exceed traditional capital markets.
This initiative expands an existing relationship between the two firms. Apex Clearing currently serves as the custodial partner and clearing broker for Gemini’s commission-free stock trading service, which launched for select US customers in July 2025.
The expansion comes amid regulatory scrutiny for the broader prediction market industry. A recent Washington state court ruling ordered Kalshi to halt certain event contracts in the state, concluding that federal commodities regulations do not override state gambling laws. Despite these regulatory hurdles, Gemini continues its efforts to scale its prediction market presence.
