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Gemini Space Station Approved for U.S. Prediction Markets

12/11/2025

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Summary

Story summary

Gemini Space Station Inc. won CFTC approval to operate prediction markets for U.S. customers, ending a five-year licensing process begun in March 2020.
Following the announcement, GEMI stock surged 13.7% in after-hours trading.
Gemini plans to expand offerings to crypto futures, options, and perpetual contracts.
Acting Chair Caroline Pham supports digital assets innovation as the regulatory landscape shifts.

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Story summary

Gemini Space Station Inc. won CFTC approval to operate prediction markets for U.S. customers, ending a five-year licensing process begun in March 2020.
Following the announcement, GEMI stock surged 13.7% in after-hours trading.
Gemini plans to expand offerings to crypto futures, options, and perpetual contracts.
Acting Chair Caroline Pham supports digital assets innovation as the regulatory landscape shifts.