Gemini Signs Exclusive Deal With Apex for Crypto Prediction Markets

Gemini has signed a nonbinding letter of intent with Apex Fintech Solutions that would make the cryptocurrency exchange the exclusive regulated venue for crypto event contracts distributed through Apex's brokerage network. The proposed collaboration, announced on August 24, 2026, would allow brokerages connected to Apex's Futures Commission Merchant to offer crypto prediction markets using Gemini for execution and clearing.

Under the arrangement, brokerages would not need to establish separate infrastructure to offer these contracts. The companies said they expect to finalize the details in the coming weeks, though they have not yet signed a definitive agreement. The partnership would extend an existing relationship between the two financial companies into the prediction market space.

The exclusivity clause is notable because Apex already provides brokers with access to Kalshi, a competing prediction market platform, through its API-based infrastructure. The announcement does not explain how the proposed crypto exclusivity would interact with Apex's existing Kalshi integration. The companies may also collaborate on contracts covering sports, economics, and financial markets, but...