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

👤 transfer-fast@Eddie 📅 2026-07-25 10:48:24

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 “betting” 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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transfer-fast@Eddie

transfer-fast@Eddie

Blockchain and cryptoassets editor, focusing onmarketDomain content analysis and insights

Comment (10)

Paxton 20days ago
At present, many applications use blockchain for the sake of blockchain, and there are too many false demands.
Clouds 20days ago
There is an inherent tension between open source and commercialization.
Clementine 20days ago
Agreed, the future is an era of open collaboration.
Carter 20days ago
The Byzantine Generals Problem is explained in an easy-to-understand manner.
Madison 20days ago
Competition for talent in the industry will become more obvious in the future.
Gordon 21days ago
Agree that on-chain governance is the core of ecological development.
Queen 21days ago
There are still many opportunities for innovation in the industry.
Cooper 32days ago
Data confirmation is one of the important values of blockchain.
Charlotte 34days ago
Compliance uncertainty is the sword of Damocles hanging over your head.
Clara 35days ago
The Web3 layout of traditional Internet giants is mostly a defensive strategy.

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