Gemini and Apex announce a partnership to provide a venue for crypto prediction markets offered to Apex’s brokerage clients. Under the planned alliance, brokerages that offer crypto event contracts through Apex use Gemini for execution and clearing, according to the firms.

The outlets also describe Gemini as serving as the exclusive U.S. venue for such contracts where CFTC regulation applies. CoinDesk notes the arrangement would position Gemini as the exclusive CFTC-regulated venue for crypto event contracts offered via Apex’s futures commission merchant. The Block similarly frames the deal around Gemini’s role in execution and clearing for brokerages using Apex infrastructure.

While both sources agree on Gemini’s operational role and the deal’s purpose—expanding prediction markets reach—they present slightly different emphasis: The Block highlights execution and clearing for brokerage clients, while CoinDesk underscores the exclusivity and CFTC-regulated venue aspect for the contracts handled through Apex.