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

👤 pwcio@Eddie 📅 2026-04-03 04:12:15

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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pwcio@Eddie

pwcio@Eddie

Blockchain and cryptoassets editor, focusing onmarketDomain content analysis and insights

Comment (10)

Imani 88days ago
Privacy coins face the strongest regulatory pressure and their living space is squeezed.
Judy 88days ago
Putting assets on the chain is just the beginning, and ecology is the future.
Yasmin 88days ago
There is a fundamental contradiction between identity anonymity and traceability.
Amara 88days ago
Supply chain finance is the perfect implementation scenario for blockchain.
Britta 88days ago
The view is somewhat idealistic and ignores human nature's pursuit of efficiency.
Eileen 88days ago
Sybil attack costs may be lower in PoS.
Morgan 88days ago
Blockchain + real economy is the future direction.
Kellan 100days ago
The trust mechanism of blockchain has indeed changed the traditional model.
Imani 102days ago
Agree that technology implementation determines the future.
Joanne 111days ago
The transparency advantage of blockchain has been fully demonstrated.

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