Gemini Titan to become exclusive venue for Apex brokerages' crypto prediction contracts

Gemini Space Station and Apex Fintech Solutions announced a letter of intent that would designate Gemini Titan as the exclusive regulated platform for crypto prediction contracts offered to brokerage customers via Apex’s Futures Commission Merchant (FCM). Under the proposed arrangement, brokerages using Apex’s FCM would rely on Gemini for both execution and clearing of these contracts.

Scope of the partnership

The agreement would extend the existing relationship between the two firms into the prediction‑market space. While Gemini Titan would serve as the sole venue for crypto event contracts, the companies may also collaborate on contracts tied to sports, economic and financial events on a non‑exclusive basis.

Regulatory background

Gemini Titan received a Designated Contract Market (DCM) license from the U.S. Commodity Futures Trading Commission (CFTC) in December 2025, allowing it to operate a federally regulated event‑contract market. In April 2026, Gemini’s Olympus subsidiary was approved as a Derivatives Clearing Organization (DCO), giving the firm in‑house clearing capabilities for futures, options, perpetual contracts and prediction markets.

Business impact

Gemini reported that its prediction‑market platform has traded more than 225 million event contracts and attracted over 27 000 cumulative traders as of its Q2 2026 earnings presentation. Revenue from prediction markets was about $500 000 in the second quarter, a modest share of the company’s total $45.5 million revenue.

Related developments

• Gemini previously partnered with Apex to launch commission‑free U.S. stock trading, with Apex handling custody and clearing.
• Gemini introduced an AI‑driven “Grok” prediction feature that personalizes contract displays based on user activity.
• Regulatory challenges persist: New York and Wisconsin have sued Gemini Titan and other prediction‑market operators over alleged violations of state gambling laws.

The letter of intent remains subject to final terms, which the companies expect to finalize in the coming weeks.