Polymarket and Kalshi Face a New Rival as Gemini Enters Prediction Markets With Oversight
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Gemini receives CFTC approval to launch the Gemini Titan prediction platform, allowing U.S. users to trade regulated event contracts. The prediction-market sector is growing, with increased volume from competitors like Polymarket and Kalshi. This development marks Gemini's entry into the regulated prediction markets space.
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- Gemini gains CFTC approval, allowing regulated prediction markets to launch for U.S. users.
- New Gemini Titan platform lets customers trade event contracts using existing USD balances.
- Prediction-market industry surges with rising volumes from Polymarket, Kalshi, and new entrants.
Gemini has received an important approval from the U.S. Commodity Futures Trading Commission, allowing it to operate as a Designated Contract Market and launch its Gemini Titan prediction platform in the United States.
With this licence, the exchange can now offer binary event contracts on Gemini Titan, marking its entry into the fast growing prediction markets sector under a regulated futures style framework.
U.S. Users Will Soon Trade Event Contracts
Gemini said that U.S. customers will soon be able to trade event contracts directly through the platform’s web interface using the…
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