Particle.news
Download on the App Store
10 ARTICLES
·
2w ago

Gemini Seeks CFTC Nod for 'Gemini Titan' as It Targets Regulated Prediction Markets

Launch timing remains unclear given a CFTC review that could be prolonged by the government shutdown.

Image
Image
Gemini eyes entry into prediction markets with planned derivatives exchange
Gemini is preparing to launch cftc regulated prediction market

Overview

  • Public CFTC records show Gemini filed in May to run a designated contract market under the name Gemini Titan.
  • Bloomberg reports the exchange plans to offer event contracts on sports, politics, and economic outcomes once approval is secured.
  • The application remains under review, with progress reportedly slowed by the U.S. government shutdown and the lengthy DCM process.
  • If cleared, Gemini would compete with Kalshi and a U.S.-returning Polymarket, which both reported record volumes in October.
  • The expansion bid follows post-IPO pressure, including a $282 million first-half 2025 loss and a sharp share-price drop, and Gemini has not commented on the reports.