Gemini Cleared to Offer Prediction Markets in the U.S.

Gemini Titan gained a CFTC Designated Contract Market license after a five-year review, enabling regulated prediction markets.

Approval lets users trade yes/no event contracts on topics like Bitcoin prices and regulatory outcomes using U.S. dollar balances.

Gemini plans to expand into futures, options, and perpetuals as demand grows, signaling broader regulated derivatives ambitions.

Gemini said on Wednesday that its affiliate Gemini Titan, LLC received a Designated Contract Market license from the Commodity Futures Trading Commission in the United States, allowing it to offer prediction markets nationwide

The approval followed a five-year review of an application first filed on March 10, 2020, and came as Acting Chair Kristin Johnson Pham continued to advance directives linked to President Donald Trump’s policy goals.

Long Licensing Process Reaches Completion

The company described the license as the end of a prolonged regulatory process. According to CEO Tyler Winklevoss, the approval arrived after years of engagement with the agency. He said the outcome followed shifts in federal policy

He also referenced President Trump’s stance on digital assets and the agency’s recent posture under Acting Chair Pham. This approval now enables Gemini Titan to introduce event contracts built around clear yes-or-no outcomes

The company listed examples involving Bitcoin’s year-end price and a potential future fine involving X. These examples show the structure of the contracts and the type of questions that may appear on the platform.

Event Contracts Set for U.S. Rollout

Gemini said U.S. customers will soon gain access to these markets on its web interface. The firm added that mobile access will follow. Customers will trade using U.S. dollars held in their accounts

This timing marks the start of the company’s expansion into regulated event-based trading. Cameron Winklevoss, the firm’s president, noted changes at the CFTC under Acting Chair Pham

He said her approach allowed the agency to oversee new forms of market activity. His comments linked these developments to the broader effort to position the United States in regulated digital-asset markets.

Plans to Explore Additional Derivatives

The firm said Gemini Titan will later consider adding crypto futures, options, and perpetual contracts. These instruments remain widely traded outside the United States. The company said interest in these contracts continues to grow in major markets abroad. This context sets the stage for future additions as Gemini broadens its regulated offerings.

Gemini also referenced the role prediction markets may play in aggregating information. The company said these markets rely on participation to price expectations about future outcomes. This point connects to its stated aim to expand tools available within its platform.

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