Announced

Gemini to acquire Omniex.

Synopsis

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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