Gemini Secures Exclusive Deal with Apex to Expand Crypto Prediction Markets
Source Summary
Gemini has agreed to an exclusive partnership with Apex that will make Gemini the sole CFTC-regulated venue for crypto event contracts distributed through Apex's futures commission merchant. The deal aims to expand Gemini's reach in the prediction markets segment.
Why it matters
The exclusive arrangement establishes Gemini as the regulated infrastructure provider for a major distribution channel of crypto derivatives, strengthening its position in the regulated prediction markets space.
