Gemini Gains CFTC Approval to Launch U.S. Prediction Market Services
Gemini’s regulated prediction market is now live nationwide, offering users zero-fee trading on real-world events with fast settlement and transparent operations.
Gemini announced its CFTC-approved Predictions market is now active in all 50 U.S. states, allowing real-time trading on event outcomes with near-instant settlement and full transparency. The service currently operates with zero fees and is accessible via iOS and web platforms. This launch follows Gemini Titan’s designation as a CFTC-regulated Designated Contract Market, enabling it to list binary event contracts tied to real-world scenarios like Bitcoin’s year-end price or regulatory actions against corporations. The nationwide rollout enhances Gemini’s product offerings and positions it competitively against other regulated prediction platforms.
- Designated Contract Market (DCM): A CFTC-regulated exchange authorized to list and trade futures or options contracts, including event contracts.
- Prediction Market: A marketplace where participants trade contracts based on the outcomes of future events, often used for forecasting.
- Event Contract: A derivative instrument posing a binary question about a future event, settling according to whether the event occurs.