Gemini Exchange fully lists prediction markets in all 50 states in the United States! The Winklevoss brothers' game finally pays off

👤 transfer009@Eddie 📅 2026-04-03 06:45:36

Gemini obtained the CFTC DCM license, and the national prediction market was officially launched in compliance with regulations.
(Preliminary summary: Gemini’s stock price fell below the issue price, is the post-Circle encryption concept IPO boom no longer?)
(Background supplement: Seizing Facebook and Bitcoin: The billionaire achievement history of the Winklevoss brothers, the founders of Gemini)

The famous entrepreneur Winklevoss brothers have been waiting for an endurance race for five years, and finally in December 2025 As the month comes to an end, Gemini Titan, a subsidiary of Gemini, obtained a designated contract market (DCM) license from the U.S. Commodity Futures Trading Commission (CFTC) on December 11, and can provide regulated prediction market services to retail customers in 50 states across the United States. Today, Taiwan time (16th), it was announced that “betting” in the gray area has been included in the federal derivatives framework for the first time.

Gemini launched a compliance prediction market, and all 50 states in the United States were unlocked simultaneously

As early as 2020, Gemini submitted an application to Washington. It was not until the Trump administration restarted its deregulation of financial policies that this valuable "approval" was officially issued. The regulatory deadlock that has lasted five years has been opened up by the latest political trends.

At the product level, Gemini Predictions eliminates the need for on-chain transfers and stablecoin thresholds. Users directly participate in binary contracts with the US dollar balance in their accounts, such as "Will Bitcoin break through 200,000 US dollars by the end of the year?" According to the official announcement of Gemini, the platform will adopt "limited-time fee-free" in the initial stage, and will guarantee payment with full mortgage to reduce the risk of bad debts.

Kalshi, which is also licensed, has become a direct competitor with the chain leader Polymarket, but Gemini has millions of existing users and abundant liquidity, which can quickly turn crypto investors into forecast participants. Although data shows that smart money still prefers decentralized platforms, the opening of compliance channels is bound to attract larger institutional funds.

Observers believe that the prediction market is just an outpost of Gemini’s financial landscape, and the DCM license will simultaneously launch its path to launch Bitcoin futures, options and perpetual contracts.

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transfer009@Eddie

transfer009@Eddie

Blockchain and cryptoassets editor, focusing onmarketDomain content analysis and insights

Comment (10)

Winnie 87days ago
More technical standards will emerge in the future.
Talia 87days ago
Users don’t care about technology, they only care about whether it is easy to use and whether they make money.
Edith 87days ago
How to choose between public chain, alliance chain and private chain?
Charlie 87days ago
Agreed, cost reduction can promote large-scale application.
Lenny 87days ago
I hope more people can see this kind of rational analysis.
Walter 87days ago
The industry is still in its early stages.
Pamela 88days ago
The content of the article is professional and supports the point of view.
Heath 91days ago
The industry still needs time to settle.
Georgia 108days ago
Thanks to the author for passing on the value of long-termism.
Esme 116days ago
The article's discussion of energy issues avoids important issues and minimizes them.

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