Gemini Secures CFTC License for US Prediction Markets
- Gemini Titan granted CFTC license for US prediction markets.
- Regulated prediction markets to use USD-funded contracts.
- First major US crypto exchange offering prediction markets.
Gemini Titan, LLC, affiliated with cryptocurrency exchange Gemini, obtained a Designated Contract Market license from the CFTC on December 10, 2025, allowing regulated prediction markets for US customers.
This license positions Gemini as a significant player in US crypto prediction markets, potentially impacting BTC speculation, amidst ongoing efforts to support pro-crypto regulations.
Gemini Titan, LLC, an affiliate of Gemini, has obtained a Designated Contract Market license from the CFTC. This approval enables Gemini to offer regulated prediction markets to US customers for the first time.
Founded by Tyler and Cameron Winklevoss, Gemini operates as a regulated crypto exchange. The provided license allows it to expand its offerings to include USD-funded event contracts, impacting Bitcoin price speculation. “The approval of Gemini Titan, LLC as a Designated Contract Market marks a significant step in advancing the regulatory framework for prediction markets in the United States,” said Acting Chairman Christina Pham of the CFTC.
The implementation of these prediction markets could cause shifts in related market speculation. Gemini customers will gain access to these markets through their existing accounts, facilitating engagement with yes/no event contracts.
CFTC’s designation of Gemini Titan marks a pivotal advancement in regulated crypto services within the US. Potential changes in market strategies and customer engagement are anticipated following this expansion, as outlined in a Coindesk article about Gemini.
This licensing initiative aligns with past efforts wherein similar designations were granted to Kalshi and NADEX. The Winklevoss twins’ strategy highlights continuous adaptation to regulatory landscapes while promoting robust market innovation.
Regulatory clarity and market accessibility are expected to promote confidence among investors. The integration of prediction markets may spur new financial dynamics, influencing existing market trends and encouraging technological advancements across crypto platforms.