Gemini customers in qualifying jurisdictions can now trade thousands of U.S. exchange-listed securities directly from the Gemini app. As part of the launch, Nasdaq will serve as an official provider for real-time market data, and Apex Clearing Corporation ("Apex"), a wholly owned subsidiary of Apex Fintech Solutions Inc., will act as the custodian and clearing broker.
This launch builds on significant regulatory and infrastructure milestones. In April, Gemini secured a Derivatives Clearing Organization (DCO) license from the CFTC, providing eventual in-house control over clearing and settlement for its derivatives products. Combined with its existing Designated Contract Market (DCM) license, today's announcement represents another critical step on Gemini's path to operating a full-stack regulated marketplace spanning crypto spot, prediction markets, and derivatives.
Gemini previously received approval from FINRA to operate a broker-dealer in 2022 and has now updated this registration to operate as an introducing broker, allowing Gemini to introduce customers to transactions in all NMS securities for execution and clearance by its clearing broker, Apex.
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