Gemini Launches CFTC-Approved Prediction Markets Nationwide
Gemini has rolled out regulated prediction markets across all 50 U.S. states after its affiliate, Gemini Titan, secured a Designated Contract Market license from the CFTC. The approval enables legal trading of event-based contracts under federal oversight, marking a significant expansion beyond traditional crypto offerings.
The newly launched 'Gemini Predictions' platform promises transparent pricing and rapid execution for wagering on real-world outcomes. This MOVE capitalizes on growing regulatory clarity for crypto-adjacent products in the U.S., positioning Gemini ahead of competitors in the nascent prediction market space.
Regulatory easing appears to be accelerating institutional adoption of blockchain-based financial instruments. The CFTC's green light follows increasing demand for alternative risk management tools among crypto-native traders and traditional investors alike.