Gemini's Olympus unit secures CFTC DCO license, enabling full in-house derivatives clearing

Gemini said its Olympus unit has obtained a Derivatives Clearing Organization (DCO) license from the U.S. Commodity Futures Trading Commission (CFTC), allowing the firm to clear regulated futures, options and swaps internally, including prediction markets. Paired with Gemini Titan's existing Designated Contract Market (DCM) license, the company can now run both the trading venue and the clearinghouse for its own derivatives products. Gemini joins a small group of crypto firms with this combined capability, alongside Bitnomial and Crypto(.)com. Co-founder Cameron Winklevoss described the approval as a major milestone toward a full-stack, end-to-end market for predictions, futures and options, built on Wall Street-grade, crypto-native infrastructure.