Overview
- U.S. customers will soon trade simple yes/no event contracts on Gemini’s web platform using USD balances, with mobile access to follow.
- Gemini Titan’s Designated Contract Market authorization concludes an application first filed on March 10, 2020.
- Gemini Space Station’s shares (GEMI) rose about 13.7% in after-hours trading to roughly $12.92 following the announcement.
- The approval places Gemini in a small CFTC-regulated group and positions it to compete with Kalshi and Polymarket in the expanding prediction-market sector.
- Gemini says Titan will explore offering U.S. crypto derivatives such as futures, options, and perpetuals, which remain in development and require further approvals.