PANews reported on April 30th that, according to The Block, Gemini's Olympus has obtained a Derivatives Clearing Organization (DCO) license from the US CFTC. This license allows Gemini to provide proprietary clearing, settlement, risk management, and escrow services for its Titan platform's prediction markets, futures, options, and perpetual contracts, reducing reliance on third-party clearing and lowering costs. Gemini obtained a Designated Contract Market (DCM) license last year and is working towards a "full CFTC license stack" including DCM, DCO, and potentially a Futures Commission Merchant (FCM). Currently, only a handful of crypto companies hold both DCM and DCO licenses; competitors Kraken and Coinbase primarily expand their licenses through acquisitions of already licensed institutions.