This article was first published on Deythere.
After 5 years of regulatory journey, the US Commodity Futures Trading Commission (CFTC) has taken a remarkable step by approving Gemini Titan platform to enter into the regulated prediction market in the United States.
This development lifts Gemini to the vanguard of a quickly growing sector where traders can bet on binary event contracts based on real events, under federal oversight.
Prediction Market Approval: What It Means for Gemini
Gemini Titan, also a subsidiary of Gemini Space Station, Inc. has been granted a Designated Contract Market (DCM) license by the CFTC, the primary regulatory pathway for operating derivatives markets in the US.
This license in particular enables Gemini to offer binary “yes/no” event contracts that enable customers to trade on the outcome of future events, such as measuring a network’s hash rate or an election result.
Gemini’s CEO, Tyler Winklevoss, said the achievement is the culmination of a five-year licensing process and the beginning of a new chapter for Gemini .

The approval is coming at the wake of Gemini’s $425 million successful IPO on in September 2025 (its initial public offering), indicating the company’s aspirations to vertically-integrate financial products within a regulated platform.
How Gemini Titan Will Be Accessed by Users
With the prediction market resolved, Gemini Titan-1 is now approved to start rolling out its services to American users in phases.
Initially, users with USD balances in their Gemini accounts will be able to trade event contracts right on the Web. Mobile access via the Gemini app would come soon after the web launch, according to the announcement.
These event contracts are straightforward. For example, traders might take positions on whether Bitcoin will end the year above a certain price or if a regulatory decision will be announced regarding a major corporate fine.
The simplicity of yes or no markets reduces barriers for entry and makes trading significantly easier than other non-regulated betting markets.
Regulatory Context and CFTC’s Role
The approval of Gemini titan’s platform and the path for prediction markets in the US is hugely significant.
The CFTC’s decision to award a DCM license after years of being cautious on oversight matters reflects a more open federal approach to new financial products.
According to the official press release, CFTC Chair Caroline D. Pham received applause from Cameron Winklevoss, Gemini President who said the agency is “pro-business, pro-innovation” and that it is putting the US on top of these new markets.
Competition and Industry Expansion
Gemini is entering a crowded prediction market scene that’s experiencing renewed vigorous activity.
Polymarket, a blockchain-powered prediction market, has also recently received CFTC approval to operate as a regulated intermediated market, so it can directly on-board US customers and add new markets for event-based contracts.
Weekly trading volumes on Polymarket have topped $1 billion as of mid-2025, an indication of strong market interest.
Polymarket’s return to the US comes after it departed in 2022 after it paid a $1.4 million penalty for operating without registration.

With new regulatory approval and several partnerships, Polymarket is now available in a mobile app for the first time, beginning with markets around sports events and vowing future expansion.
Furthermore, traditional financial and market players have shown interest in the space, with companies such as Fanatics and Robinhood entering into the prediction trading spaces in 2025, creating an environment where regulated event trading is accessible to both retail and institutional participants.
Conclusion
The CFTC’s granting a prediction market approval to Gemini Titan is a big win not just for the company but also the overall cryptocurrency sector.
With its journey through regulation taking five years, Gemini now becomes a regulated member of the cohort of platforms offering U.S.-based users federally approved event contracts.
These rule changes make real-world outcome markets more accessible, establish the legal status of crypto-linked contract trading and further affirm the role of federal regulators
Glossary
Prediction market approval: Federal permission for a platform to offer regulated, event-based contracts (in the United States).
Designated Contract Market (DCM): An exchange registered with the CFTC where futures, options and event contracts are offered.
Event contract: A tradable contract that settles according to the outcome of a real world event, often in “yes/no” format.
Binary contract: A type of financial contract the payoff for which is either determinate based on whether an event took place or not.
Regulated market: A trading platform that is supervised and must follow rules established by a federal agency, such as the CFTC.
Frequently Asked Questions About Gemini Prediction Market Approval
What is prediction market approval?
Prediction market approval is a form of regulatory clearance from the CFTC that permits a company to offer federally regulated event-based contracts in the US.
What will Gemini Titan serve up first?
Gemini Titan will begin with binary yes/no event contracts, where users can trade into the potential outcomes of future events using USD in their accounts.
When is the mobile version coming?
Gemini will be opening access to prediction markets on mobile after initial web launch.
Who regulates prediction markets in the U.S?
Prediction markets are supervised legally by the Commodity Futures Trading Commission (CFTC).
What does this mean for crypto markets?
This is a positive sign, as it brings trading in crypto-linked and real-world events together under the regulated umbrella for more participants (and legitimacy).
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