Gemini to Offer Prediction‑Market Services via Apex Brokerage Network

Gemini and Apex Fintech Solutions have entered a non‑binding letter of intent that would position Gemini Titan as the sole regulated venue for crypto event contracts offered by brokerages through Apex’s Futures Commission Merchant (FCM) platform.

New distribution channel for Gemini’s prediction markets

Under the proposed arrangement, participating brokerages would route execution and clearing of crypto event contracts to Gemini, giving the exchange a broader distribution channel for its prediction‑market business.

Infrastructure and existing collaboration

Apex provides trading and clearing infrastructure to hundreds of financial firms serving tens of millions of investors. Gemini already works with Apex on its zero‑commission U.S. equities offering, with Apex handling custody and clearing for that service launched in July.

Regulatory background

Gemini received CFTC approval to operate a designated contract market in December 2025 and gained permission to clear derivatives in‑house in April 2026, laying the groundwork for a regulated prediction‑market platform.

Legal environment for prediction markets

Prediction markets are encountering increased legal scrutiny at the state level. A recent Washington state court decision ordered Kalshi to cease offering a broad range of event contracts, rejecting the argument that federal commodities law preempts state gambling statutes.