Overview
- Gemini launched commission-free trading of thousands of U.S. exchange-listed stocks on July 7, 2026 through Gemini Galactic Markets, LLC so eligible users can buy and sell stocks from the Gemini app.
- The securities offering uses an introducing-broker model that routes execution and clearing to Apex Clearing Corporation while Nasdaq supplies real-time market data and the broker-dealer is a FINRA and SIPC member.
- The service is blocked in Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, Washington, D.C., and Guam and Gemini’s disclosures say certain transaction types may still carry fees.
- Investors reacted negatively to the launch, with GEMI shares falling about 3.9% and competitors Coinbase and Robinhood also slipping, even as the company reports roughly 39% revenue growth over the prior year but remains unprofitable and down about 86% year-over-year.
- The move builds on recent regulatory steps — including an April 2026 CFTC Derivatives Clearing Organization registration and an existing DCM license — that position Gemini to offer more in-house cleared products over time while it develops its broader multi-product roadmap.