Gemini Expands Its Digital Asset Ecosystem With Commission-Free Stock Trading
Gemini Expands Into Stock Trading
Crypto exchange Gemini has expanded its services into stock trading, marking one of the company’s biggest moves beyond digital assets.
The new service will allow users to trade thousands of U.S.-listed stocks with zero commission. Nasdaq will provide real-time market data, while Apex Clearing Corporation will serve as the custodian and clearing broker.
Gemini Uses Apex Infrastructure for Stock Trading
According to the official announcement, Gemini will launch its stock trading service using Apex’s brokerage infrastructure. While Gemini will manage the user experience, Apex will provide the regulated brokerage system behind the platform.
As the custodian and clearing broker, Apex will handle trade settlement, safeguard customer securities, maintain brokerage accounts, and ensure compliance with U.S. market regulations.
By leveraging Apex’s brokerage-as-a-service infrastructure, Gemini avoids building its own clearing system. This enables the company to roll out commission-free stock trading more quickly while expanding its financial services ecosystem.
The launch is part of Gemini’s strategy to become a fully regulated multi-asset platform. Earlier this year, the company secured a Derivatives Clearing Organization (DCO) license from the U.S. Commodity Futures Trading Commission (CFTC). The license complements its existing Designated Contract Market (DCM) approval, allowing Gemini to expand beyond crypto spot trading into equities, derivatives, and prediction markets.
Crypto Exchanges Are Expanding Beyond Digital Assets
Gemini is not the only crypto exchange entering traditional financial markets. In recent months, several major exchanges have launched stock trading services to diversify revenue streams beyond crypto and keep users within a single investment ecosystem.
In June, Binance introduced access to more than 7,000 U.S.-listed stocks and ETFs for eligible international users. The exchange also launched tokenized equities through its bStocks initiative. According to a Block of Fame report, the service generated an average daily trading volume of around $143 million during its first nine days.
Meanwhile, Robinhood continues to highlight the size of the traditional brokerage market. In May 2026, the company recorded $315.3 billion in equity trading volume, far exceeding its $12.2 billion in crypto trading volume during the same period.
Robinhood also processed an average of 4.8 million stock trades per day and managed $377 billion in customer assets, underscoring the scale of the equity market compared with crypto trading.
Kraken has also entered the sector by launching trading for more than 11,000 U.S.-listed stocks and ETFs, while continuing to expand its tokenized equity offerings through xStocks.
