Gemini Acquires Crypto Trading Tech Platform Omniex

The buy allows the company to publicly launch a crypto prime-brokerage offering

article-image

Source: Shutterstock

share

key takeaways

  • The acquisition and integration of Omniex will help simplify the experience for institutional investors looking to go deeper into crypto, the company said
  • Gemini announced the acquisition of digital asset portfolio management platform BITRIA last week

Less than a week after announcing its acquisition of digital asset portfolio management platform BITRIA, crypto exchange Gemini has bought trading technology platform Omniex

Founded in 2017 by former State Street executives, Omniex provides order, execution and portfolio management system solutions for institutional crypto trading.

The acquisition and integration of Omniex into Gemini’s existing institutional custody, clearing and trading solutions simplifies the experience for institutional investors looking to go deeper into crypto, said Dave Abner, Gemini’s global head of business development.

Specifically, the integration will provide a single point of access to multiple exchanges and OTC liquidity sources, tools and algorithms to ensure trade transparency, and a trading experience with application programming interface (API) connectivity, according to Gemini’s Wednesday announcement.  

The buy allows Gemini to publicly launch a crypto prime-brokerage offering, Gemini Prime, which select clients have been using over the past year. The product’s full rollout is slated for the second quarter.

The Omniex team will be joining Gemini to expand and drive platform capabilities for the prime services division.

Gemini is seeking to build out its institutional business with crypto solutions that resemble offerings within traditional finance, Abner told Blockworks.

The company announced its purchase of BITRIA last week. That acquisition allows financial advisors to gain exposure beyond the closed-end funds and spot ETFs focused on the largest tokens, Abner previously noted.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Featured.png

Research

Helium stands at a pivotal moment in its evolution as a decentralized wireless network, balancing rapid growth, economic restructuring, and global expansion. With accelerated growth in domestic DAUs and Hotspots supporting its network, Helium is leveraging strategic partnerships and innovative proposals to scale internationally. The recent implementation of HIP 138, “Return to HNT,” has unified its token economy under HNT, simplifying participation and strengthening liquidity, while HIP 139’s phase-out of CBRS refocuses efforts on scalable Wi-Fi offload. Meanwhile, governance shifts under HIP 141 raise questions about centralization as Nova Labs consolidates control over the roadmap.

article-image

In 2011, WikiLeaks faced a financial blockade imposed by the US government. It was Bitcoin’s first major test.

article-image

Kado’s founder Emery Andrew spoke to Blockworks about the acquisition and what’s next for the team

article-image

LayerZero’s Bryan Pellegrino chatted with Blockworks about the firm’s next steps and its 10-year runway

article-image

Colosseum co-founder Matty Taylor is seeing “high-performance [Solana] founders showing a lot of interest in private trading technology”

article-image

Executives weigh the growth potential they see in the public stock and private credit/equities arenas

article-image

Players can stake ME, trade tokens and link wallets to climb the leaderboard