Gemini Wins CFTC Approval for U.S. Prediction Markets
Gemini Space Station, Inc. has secured a Designated Contract Market (DCM) license from the CFTC, positioning itself as the latest entrant in the rapidly evolving prediction markets sector. The approval, granted to affiliate Gemini Titan, LLC on December 10, 2025, enables the launch of regulated event-based trading products for U.S. retail and institutional investors.
Initial offerings will focus on binary contracts—simple yes/no wagers on real-world outcomes—tradable via web platform with USD settlements. Mobile app functionality and expanded derivatives (including crypto futures and perpetuals) are slated for subsequent phases. This move intensifies competition with Robinhood, Polymarket, and Trust Wallet in the burgeoning $2.3 billion prediction markets arena.
