Gemini named exclusive regulated venue for Apex crypto prediction markets
DeFi & Yields ·
Apex will route execution and clearing for its brokerage clients' crypto prediction market contracts through Gemini under a new tie-up between the two firms.
The arrangement, reported by The Block, makes Gemini the sole regulated platform handling trades placed by Apex's brokerage customers on prediction market contracts. Gemini takes on both sides of the transaction chain — matching and settling trades — while Apex continues to serve as the client-facing brokerage layer.
The deal extends Gemini's footprint beyond its core spot and derivatives trading business into prediction markets, an area the exchange has been building out alongside other infrastructure moves. Background compiled on Gemini notes the exchange was founded by Tyler and Cameron Winklevoss and has long emphasized regulatory compliance, holding an early New York BitLicense and operating as a state-chartered trust company rather than pursuing looser jurisdictions.
That compliance-oriented positioning is part of what makes an "exclusive regulated venue" role notable: Apex's brokerage clients get access to prediction market contracts cleared through a platform operating under existing regulatory oversight rather than an unregulated intermediary. The partnership sits alongside other recent developments pulling Gemini deeper into prediction markets and related infrastructure, including a reported AI-powered command center for trading signals and broader scrutiny of how firms like Gemini are expanding into this contract category.
Two sources are tracking this story so far. Not yet detailed publicly are the specific terms of the Apex-Gemini agreement, including fee arrangements, the scope of contracts covered, or a timeline for when Apex clients will gain access to prediction market trading through the new setup. Also unclear is whether the exclusivity arrangement extends to future product categories beyond the initial prediction market rollout, or how it interacts with broader regulatory attention on crypto prediction markets more generally.