Key Takeaways:

• Gemini secured a CFTC Derivatives Clearing Organization license on April 29, 2026, enabling in-house clearing of futures, options, and swaps.
• Gemini Olympus, LLC now gives the exchange end-to-end control, cutting reliance on third-party clearers like QC Clearing LLC.
• Gemini’s DCM plus DCO licenses position it against Kraken’s Bitnomial stack, with FCM registration expected next.

Gemini Drops QC Clearing LLC After CFTC Registers Olympus as Derivatives Clearinghouse

The CFTC registered Gemini’s affiliate, Gemini Olympus, LLC, as a DCO by Commission order on April 29, 2026. The license covers fully collateralized futures, options on futures, and swaps. Cameron Winklevoss, co-founder of Gemini, announced the approval…