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-0.00239429721935026 -0.000435326767154663 -0.000489742613048938 -0.00201991619959726 -0.014256951624313 0.00761821842520545 -0.00185013876040705 0.0198068237470752
Stock impact report

Stock chart icon Gemini is trading at 52-week lows after its September IPO Crypto trading recalibrates [CNBC]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: CNBC
This allows Gemini to clear and settle trades in-house rather than relying on outside infrastructure – giving the company greater control over how its prediction market products function and scale. “Given the opportunity size with prediction markets as well as future crypto derivatives, owning and operating the marketplace end-to-end is powerful,” Cameron Winklevoss, cofounder and president of Gemini, told CNBC is an exclusive interview. In this article Gemini won approval from the U.S. Commodity Futures Trading Commission to operate its own regulated derivatives clearinghouse, a move that gives the crypto exchange a deeper foothold in prediction markets and sets up a potential expansion into perpetual futures trading. This allows Gemini to clear and settle trades in-house rather than relying on outside infrastructure – giving the company greater control over how its prediction market products function and scale, particularly as it builds toward more complex instruments like Show less Read more
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