Winklevoss-led Gemini rolls out prediction markets in 50 US states
Gemini has launched its in-house prediction market, Gemini Predictions, across all 50 US states after receiving CFTC approval.Summary
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has rolled out its in-house prediction market, Gemini Predictions, nationwide across all 50 US states. This launch followed Gemini Titan securing a designated contract market license from the Commodity Futures Trading Commission (CFTC). Gemini Predictions allows users to trade on real-world events with transparent, near-instant execution. This move is part of Gemini's strategy to build an “everything app” or one-stop super app, integrating crypto trading, staking, rewards, tokenized stocks, and now prediction markets. This aligns with a broader industry trend where rivals like Coinbase and decentralized platforms are also expanding their service offerings. The expansion into prediction markets in the US comes after a period of regulatory uncertainty, with other major providers like Polymarket also recently resuming US operations.
(Source：Cointelegraph)