CFTC Registers Gemini Olympus as DCO

The U.S. Commodity Futures Trading Commission registered Gemini Olympus, LLC, an affiliate of the cryptocurrency exchange Gemini, as a Derivatives Clearing Organization on April 29, 2026. The approval enables Gemini to handle in-house clearing and settlement for fully collateralized futures, options on futures, and swaps, eliminating reliance on third-party providers such as QC Clearing LLC.

Cameron Winklevoss, Gemini co-founder and president, announced the registration the following day, calling it a major building block for the company's super app vision, where users can manage financial needs in one platform. The CFTC confirmed that Gemini Olympus meets all requirements under the Commodity Exchange Act and standard DCO core principles, with no additional conditions noted in the public order.

This milestone follows the CFTC's designation of another Gemini affiliate, Gemini Titan, LLC, as a Designated Contract Market in December 2025. That approval, after a five-year application process starting in March 2020, allowed Gemini to launch Gemini Predictions, a regulated platform offering binary and variable payout prediction markets to U.S. customers via its app. Prior to the DCO...