Gemini, Apex sign letter of intent for crypto event contracts

New York - Gemini Space Station Inc. (GEMI) and Apex Fintech Solutions Inc. have entered into a letter of intent to collaborate on crypto event contracts. Under the proposed arrangement, Apex's brokerage customers will use Gemini for execution and clearing of these contracts. The agreement also allows for expansion to additional contract categories such as sports, economics, and financial markets on a non-exclusive basis.

The companies expect to finalize the details of the collaboration in the coming weeks. This move follows Gemini's regulatory achievements, including obtaining a CFTC Derivatives Clearing Organization license in April and a Designated Contract Market license from the CFTC in December 2025. Gemini CEO Tyler Winklevoss stated that the partnership aims to expand their offering and provide access to valued partners like Apex as demand for event contracts grows.

Apex Clearing Corporation, a wholly owned subsidiary of Apex, will act as the custodian and clearing broker for the brokerage clients, providing them with regulated access to crypto event contracts without having to build the infrastructure themselves.