Gemini to provide crypto prediction markets venue for Apex’s brokerage clients

Gemini Space Station Inc. (GEMI) and Apex Fintech Solutions Inc. announced on Monday that they have signed a letter of intent for the distribution of crypto prediction markets.According to the press release, Gemini Titan, the prediction market subsidiary of the crypto trading platform, would become the exclusive regulated venue for crypto event contracts distributed through Apex's Futures Commission Merchant (FCM) to Apex's brokerage customers."Under the alliance, brokerages that offer crypto event contracts through Apex's FCM will use Gemini for execution and clearing," the release said. The two may further collaborate on other event contract categories, such as sports, economics, and financial markets, on a non-exclusive basis.The two firms have not finalized the deal and look forward to settling the details of the collaboration in the coming weeks. They previously collaborated when Gemini launched 0% commission stock trading for certain U.S. customers with Apex Clearing Corporation as the custodian and clearing broker.Gemini launched prediction markets trading in December 2025 after Gemini Titan secured a Designated Contract Market (DCM) license from the Commodity Futures Trading Commission. In April this year, its other subsidiary, Gemini Olympus, obtained a Derivatives Clearing Organization (DCO) license from the CFTC, allowing it to handle derivatives clearing and settlement for Gemini Titan in-house.Gemini's second-quarter 2026 earnings presentation shows that more than 225 million event contracts have been traded on Titan, with over 27,000 cumulative number of traders. Meanwhile, Polymarket and Kalshi continue to dominate the market with tens of billions in monthly trading volume.Prediction markets are one of the core factors of Gemini 2.0 alongside artificial intelligence, as founders Tyler and Cameron Winklevoss have previously announced."Our thesis is that prediction markets will be as big or bigger than today's capital markets," the Winklevoss twins said. "Predictions will be the machine within our app to see the future. A truth machine."Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.