Shearman & Sterling represented Gemini Galactic Markets, LLC (Galactic) in connection with its registration as a broker-dealer with the U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) membership. Galactic received FINRA membership and is authorized to operate an alternative trading system (ATS) that will enable its subscribers to trade in digital asset securities. Galactic is one of the first broker-dealers in this space to receive FINRA membership.

Galactic is an affiliate of Gemini Trust Company, a cryptocurrency exchange and custodian chartered by the New York State Department of Financial Services.

The Team