Gemini Secures CFTC Greenlight as Prediction Market War Escalates

[mendez]

Gemini just scored a major regulatory win: CFTC approval for a derivatives exchange, enabling US customers to trade event contracts directly through its platform.
The announcement sent Gemini’s shares soaring 28% in extended trading, signaling strong investor confidence.

The exchange plans to expand into crypto futures, options, and perpetuals — a clear sign it’s preparing to compete with giants like Kalshi and Polymarket.
With federal regulators warming to prediction markets, Gemini is now firmly in the fight for a piece of the estimated $15B opportunity.

[Rimon Khan]

CFTC approval is a strong step forward for Gemini. Regulatory progress usually signals growing market confidence.

[Abdul Khan]

A $15B market becoming accessible through Coinbase is bullish for adoption across all crypto sectors.