Gemini, the cryptocurrency exchange founded by twins Tyler and Cameron Winklevoss, has launched prediction markets in the United States after receiving key regulatory approval.
The exchange announced in an X post on Monday that its in-house platform, Gemini Predictions, is now available across all 50 US states.
Offered through affiliate Gemini Titan, the product allows users to trade on the outcomes of real-world events with near-instant execution and full transparency.
The rollout follows Gemini Titan securing a designated contract market license from the US Commodity Futures Trading Commission (CFTC) on Wednesday, clearing the way for Gemini to offer prediction markets nationwide.
Push toward “everything apps”
The debut of Gemini Predictions is the latest step in Gemini’s effort to build an all-in-one platform, enabling users to trade cryptocurrencies, stake assets, earn rewards, buy tokenized stocks, and participate in prediction markets.
The move reflects a broader trend across the crypto industry toward “everything apps,” with competitors such as Coinbase also expanding their offerings to include prediction markets and tokenized equities.
The trend has also spread to self-custodial wallets such as MetaMask and Trust Wallet, along with major decentralized exchanges like PancakeSwap, which on Tuesday launched a new BNB Chain–based prediction platform called Probable.
The rollout adds to a growing lineup of prediction markets supported by YZi Labs, the venture capital firm founded by Binance co-founder Changpeng “CZ” Zhao. This portfolio includes Opinion, which topped volume rankings in November.
Regulatory hurdles in the US
The industry’s renewed push into prediction markets comes after years of regulatory uncertainty in the United States. Major platforms, including Polymarket, have only recently resumed local operations after facing restrictions and a ban in 2022.
Polymarket began its US relaunch in early December, announcing that users on its waitlist would receive first access to the platform’s US app.
In another indication of a more favorable US stance toward prediction markets, several providers — including Kalshi, Robinhood, and Crypto.com — recently received temporary relief after a judge stepped in following cease-and-desist orders issued by the state of Connecticut in early December.
