Gemini Explores Prediction Markets with 'Gemini Titan'

Gemini Explores Prediction Markets with 'Gemini Titan'

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Categories: Regulation Exchanges Defi

Gemini is reportedly seeking regulatory approval to launch 'Gemini Titan,' a designated contract market for federally regulated event contracts, indicating a move into prediction markets to expand its business.

Gemini Eyes Prediction Market Expansion

Crypto exchange Gemini is moving to broaden its business scope by venturing into prediction markets. According to a recent report, the firm has filed for approval to operate 'Gemini Titan,' which would function as a designated contract market offering federally regulated event contracts. This strategic move could see Gemini expand its offerings beyond traditional crypto trading into a new area of financial derivatives, pending federal regulation.