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

šŸ‘¤ hlosw@Eddie šŸ“… 2026-02-03 13:33:23

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 ā€œbettingā€ 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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hlosw@Eddie

hlosw@Eddie

Blockchain and cryptoassets editor, focusing onmarketDomain content analysis and insights

Comment (10)

Jasper 29days ago
What is the relationship between Web3 and blockchain?
Drew 29days ago
The application of anti-tampering features in traceability is well discussed.
Gordon 29days ago
In the alliance chain, if several nodes collude, can the data be tampered with?
Benjamin 29days ago
Ecological prosperity is more important than a single technological breakthrough.
Ambrose 29days ago
Privacy protection is indeed a pain point in the industry, and the article points it out.
Nina 29days ago
Looking forward to more in-depth analysis content.
Ryan 29days ago
The industry is still in its early stages.
Zachary 30days ago
Agreed, the cost of trust is decreasing.
Julia 37days ago
Agree that long-term construction is more important than short-term narrative.
Liam 40days ago
Agreed, technological innovation will not stop.

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