Gemini, the well-known cryptocurrency exchange, has recently received approval from the Commodity Futures Trading Commission (CFTC) to launch prediction markets in the United States. This significant development has led to a robust increase in investor confidence, resulting in the company's stock surging by nearly 14%. This approval not only positions Gemini at the forefront of a new market opportunity but also highlights the growing acceptance and regulatory support for innovative financial instruments in the crypto space.
source: https://www.coindesk.com/markets/2025/12/11/gemini-becomes-first-crypto-exchange-approved-by-cftc-to-offer-u-s-prediction-markets