• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Prediction markets arena

Gemini steps into the prediction markets arena with CFTC filing for event contracts platform

Rami Al-Saadi

Key Points:

  • Gemini prepares to enter the prediction markets arena after going public in September.

  • The crypto exchange filed with the CFTC for a derivatives trading license.

  • Gemini plans to offer event contracts linked to real-world outcomes.

  • This marks one of Gemini’s biggest strategic shifts since its IPO.


Prediction markets arena interest is growing fast, and Gemini wants in.

The crypto exchange, founded by Tyler and Cameron Winklevoss, is preparing to enter this space with confidence. Bloomberg reported that Gemini filed with the Commodity Futures Trading Commission, or CFTC, for a derivatives exchange license.

The move would allow Gemini to let users trade event contracts, enabling bets on outcomes of real-world events. From elections to economic data releases, such contracts turn opinions into tradable assets. It’s a market that has drawn strong attention in recent months as companies like Coinbase, MetaMask, and DraftKings explore similar integrations.

From my standpoint, Gemini’s move feels like a calculated step into a segment that connects blockchain technology with predictive insights. The combination of crypto and event-based trading could create a powerful new layer in the digital economy.

Gemini prepares to reshape the prediction markets arena

Gemini’s public listing in September marked a major milestone. The company raised $433 million in its IPO and reached a $4.4 billion valuation. This fresh capital may now power its push into the prediction markets arena.

The timing aligns with growing global interest in derivatives trading based on events. Platforms like Kalshi have recently seen record-breaking volumes, with over $1.2 billion in transactions across late October and early November. Gemini appears eager to ride that momentum.

The CFTC filing underscores a serious intent to expand Gemini’s reach beyond spot crypto trading. By entering derivatives trading through event contracts, Gemini strengthens its presence in regulated markets while differentiating itself from competitors.

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Event contracts bring real-world engagement to crypto exchange models

Event contracts are not new, but their integration into a mainstream crypto exchange like Gemini could redefine participation. Traders can speculate on outcomes such as inflation rates, sports results, or election winners. The potential for broad engagement is massive.

For Gemini, this entry into the prediction markets arena is both strategic and symbolic. It marks a shift from traditional crypto exchange services toward a broader financial role. The company’s leadership has long emphasized transparency and regulation, making a CFTC-approved derivatives exchange a logical next step.

Kalshi’s success and the $2 billion investment from Intercontinental Exchange into Polymarket show that institutional money sees value in these models. Gemini’s arrival will only fuel competition, adding depth and credibility to the space.


Expanding into regulated derivatives trading

Gemini’s CFTC filing could open the door to a more diverse trading environment. Derivatives trading based on real-world data offers new ways to hedge risk and explore trends. It also aligns with Gemini’s ongoing focus on building trust through compliance.

The broader industry is taking notice. MetaMask and Coinbase have also shown interest in integrating prediction capabilities. This movement hints at a new cycle in crypto where real-world data becomes central to trading strategies.

By entering the prediction markets arena, Gemini positions itself at the crossroads of crypto innovation and financial regulation. It sends a message that prediction-based derivatives may soon play a key role in global finance.

What Gemini’s move means for traders and investors

For traders, Gemini’s upcoming platform could deliver fresh opportunities. Event contracts offer more than speculation—they enable structured predictions on measurable outcomes. As liquidity and participation rise, traders could benefit from price discovery tied directly to public information.

For investors, Gemini’s expansion reinforces confidence in the company’s growth trajectory. The IPO proceeds and growing interest in prediction markets suggest a strong foundation for sustainable innovation.

The crypto exchange industry is maturing fast. By betting on the prediction markets arena, Gemini stands to attract both institutional and retail players looking for transparent, data-driven markets.

Prediction markets arena growth reflects a shift in how people view markets and information. Gemini’s decision to file with the CFTC and explore event contracts shows strategic foresight. If successful, it could redefine how traders engage with real-world data through a regulated crypto exchange.

Gemini is not alone in this vision. Yet its timing, resources, and regulatory focus make its move one of the most significant steps in the current cycle of crypto development.

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What are prediction markets and why is Gemini entering them?

Prediction markets let users trade contracts based on the outcomes of real-world events. Gemini sees this as a new growth channel. By combining blockchain transparency with regulated derivatives, the company offers users a fresh way to trade information. These markets also support deeper liquidity and real-time sentiment analysis. For Gemini, entering this field enhances its portfolio beyond traditional crypto trading while tapping into a multibillion-dollar opportunity that merges finance and data-driven speculation.

What role does the CFTC filing play in Gemini’s strategy?

The CFTC filing is crucial. It allows Gemini to legally operate as a derivatives exchange in the United States. Approval from the Commodity Futures Trading Commission ensures compliance and adds credibility. With it, Gemini can list event contracts linked to politics, economics, or sports. The license also signals that Gemini wants to compete in regulated markets, where institutional investors prefer to trade. This move gives the company a trusted framework for innovation in derivatives.

How do event contracts work for traders?

Event contracts are simple. Traders bet on the outcome of specific events—say, whether inflation rises or falls next month. Each contract represents a binary outcome: yes or no. If the prediction is correct, traders profit. Gemini’s platform would make these available to its global user base, linking blockchain transparency with real-world data. The simplicity and accessibility of event contracts could make them a key driver for mainstream crypto adoption.

How might Gemini’s move impact the wider crypto exchange industry?

Gemini’s entry could push other crypto exchanges to accelerate their innovation. The focus on prediction markets bridges the gap between financial speculation and social data. Competitors like Coinbase and MetaMask are already exploring similar paths, but Gemini’s regulated approach might set a new standard. It reinforces the idea that crypto exchanges can serve as global platforms for both trading and information. Over time, this could attract new users and investors to blockchain-based financial tools.

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