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0.000377949354786422 0.00180875762647809 0.00958371578208523 0.00812591112790884 0.0146860320717024 0.0125268614005723 0.0123103504130447 0.0123103504130447
Stock impact report

GEMI Stock Soars After CFTC Grants Gemini Exchange A Key License [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
The approval gives the exchange greater control over trading infrastructure—at a time when crypto firms are racing to diversify revenue beyond volatile spot markets. Gemini Wins Key Clearing License As Prediction Markets Take Center Stage Gemini has been granted a Derivatives Clearing Organization (DCO) license by the CFTC, allowing it to clear and settle trades internally. The move eliminates reliance on third-party clearinghouses and positions the exchange to operate a fully integrated derivatives marketplace. The approval builds on Gemini's earlier Designated Contract Market (DCM) license, which enabled the launch of its prediction markets platform. With both licenses in place, the company can now manage the full lifecycle of trades—from execution to settlement. Cameron Winklevoss described the development as a “major milestone” in expanding Gemini's marketplace capabilities, particularly in high-growth segments like event contracts and crypto derivatives. Gemini is bett Show less Read more
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