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Gemini Titan

Gemini's CFTC-designated event-contract exchange, cleared through affiliate DCO Gemini Olympus.

New York, NYLast development September 10, 2026
34
Regulatory risk score

Regulatory posture

  • Holds a DCM designation granted December 10, 2025 after a review that ran from March 2020, the longest approval cycle among current prediction-market DCMs.
  • Its no-action request became the template for the wider market: the May 13, 2026 supplemental letter was crafted for Gemini Titan and Gemini Olympus but written as a framework other DCMs and DCOs can join without bespoke letters.
  • Positioned around crypto price binaries and corporate-action markets rather than sports, which keeps it outside the state gaming-law litigation facing sports-facing DCMs.
  • Named in the New York City Council's August 2026 marketing-practices investigation alongside Kalshi, Polymarket and Coinbase.

Licensing

DCM
Approved (Gemini Titan LLC, December 10, 2025)
No-action
Swap data reporting relief (December 11, 2025); supplemental market-wide framework (May 13, 2026)
State coverage
No state enforcement action recorded on this tracker

Filings on the tracker (1)

Licensing Tracker
  • DCMGemini Titan LLCApprovedDec 11, 2025

Products

Event ContractsCrypto Price BinariesCorporate-Action Markets

Development timeline

Dated developments compiled for this operator, newest first. Select an entry for the full detail.

  1. September 10, 2026
    Named as "Gemini" in Connecticut's nine-operator cease-and-desist order

    Connecticut's Department of Consumer Protection ordered "Gemini," alongside eight other operators, to stop offering sports event contracts to Connecticut residents and to let existing customers withdraw funds, part of a nearly-30-subpoena escalation of the state's enforcement campaign (enf-ct-dcp-nine). Press coverage names only "Gemini" without a legal-entity qualifier; since Gemini Titan's own listed product set is crypto price binaries and corporate-action markets rather than sports, the order may reach a different Gemini sports-adjacent offering rather than Titan specifically — flagged for follow-up rather than treated as confirmed.

  2. August 24, 2026
    Signed a letter of intent making Titan the exclusive crypto event-contract venue for Apex's FCM

    Gemini and Apex Fintech Solutions signed a non-binding letter of intent under which Gemini Titan would become the exclusive regulated venue for crypto event contracts distributed to brokerages through Apex's futures commission merchant, with Gemini Olympus clearing; the firms may also expand into sports, economics and financial-market contracts on a non-exclusive basis. Gemini reported roughly 225 million event contracts traded and over 27,000 cumulative traders on Titan as of Q2 2026.

  3. August 12, 2026
    Named in the New York City Council's marketing-practices investigation

    New York City Council Speaker Julie Menin announced an investigation on August 12, 2026 into the marketing and advertising practices of Kalshi, Polymarket, Coinbase and Gemini Titan, sending each company letters with more than 60 questions on New York revenue, user figures and marketing operations.

  4. May 13, 2026
    Its no-action request became the CFTC's market-wide event-contract exemption framework

    The Divisions of Market Oversight and Clearing and Risk issued a supplemental no-action letter granting blanket relief from Parts 43 and 45 and Regulations 38.8(b), 38.10, 38.951 and 39.20(b)(2) for fully collateralized binary- and variable-payout event contracts. It was issued for Gemini Titan and Gemini Olympus but designed as a streamlined framework other DCMs and DCOs can join.

  5. December 11, 2025

    Received swap data reporting relief in the CFTC's four coordinated no-action letters

Show 1 earlier development
  1. December 10, 2025

    CFTC granted the DCM designation, closing a review opened in March 2020

Regulatory history

No enforcement actions matching this operator by name.

Recent activity

Sia Insights

Sia's analysis from broader market, trading, and industry-press signals. Not a primary regulatory source and not legal advice.

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Scoring is illustrative and based on public information. SiaPredict does not provide legal advice.