Gemini and Apex expand crypto prediction markets

Gemini and Apex plan to expand regulated crypto prediction markets, with Gemini Titan as the exclusive venue for event contracts via Apex’s FCM. The agreement is pending final terms.

Gemini and Apex Fintech Solutions have signed a letter of intent to expand access to regulated crypto prediction markets. Under the proposed arrangement, Gemini Titan will serve as the exclusive CFTC-regulated venue for crypto event contracts distributed through Apex’s futures commission merchant (FCM) to brokerage clients. This partnership allows brokerages connected to Apex to offer crypto event contracts without building separate exchange infrastructure, as Gemini will handle execution and clearing. The collaboration is primarily a distribution move, enabling brokerages to efficiently access Gemini’s existing prediction market infrastructure. Additionally, the companies may work together on sports, economic, and financial-market contracts on a non-exclusive basis. The agreement is currently non-binding, with both parties expecting to finalize terms soon. The expansion depends on converting the letter of intent into a binding agreement before Apex-connected brokerages can use the new model.