Gemini Launches Predictions Market Nationwide After CFTC Approval
Gemini has rolled out Gemini Predictions to traders across all 50 states following the Commodity Futures Trading Commission's approval last Wednesday to designate Gemini as a Designated Contract Market. The live launch gives U.S. users access to a regulated platform for event-driven contracts, expanding the firm’s product set beyond spot trading and custody.
The CFTC nod is significant because it brings formal oversight and a compliance framework to a market segment often associated with unregulated platforms. For traders, this could mean greater confidence, clearer rules on market conduct, and potentially deeper liquidity and price discovery in prediction-style contracts. Market participants will be watching adoption and how regulators, venues, and users respond as the product scales nationwide.