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New Deal


Announced

Gemini to acquire Omniex.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Financial Data and Systems

cryptocurrencies

trading platform

Ireland

Single Bidder

Pending

Cross Border

Friendly

Majority

Synopsis

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Gemini, a developer of a cryptocurrency exchange and custodian platform, agreed to acquire Omniex, a trading technology platform. Financial terms were not disclosed. The acquisition enables Gemini to publicly launch Gemini Prime, a crypto prime brokerage offering that has been supporting a select client base over the past year. Following the full rollout of Gemini Prime in Q2 2022, the integration of Omniex with Gemini’s existing custody, clearing, and OTC trading capabilities will simplify trading for institutional investors.

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