Based on TheMarketPeriodical, Gemini is preparing to enter the regulated prediction market space with its proposed platform, Gemini Titan. The firm submitted its application to the CFTC in May 2025, aiming to offer prediction-based derivatives contracts on economic, financial, political, and sports events. However, the U.S. government shutdown, now in its 36th day, has delayed the approval process, creating uncertainty for the launch timeline. Gemini faces competition from platforms like Kalshi and Polymarket, which have already gained traction in the market. The company plans to expand beyond traditional crypto trading, leveraging its $425 million IPO in September 2025 to support the initiative.
Gemini Eyes Prediction Markets Amid CFTC Approval Delays Caused by U.S. Government Shutdown
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