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Stock impact report

Gemini Space Station Secures CFTC License To Build Regulated Prediction Markets [Yahoo! Finance]

Gemini Space Station, Inc. - Class A (GEMI) 
Company Research Source: Yahoo! Finance
Gemini Space Station, NasdaqGS:GEMI, has received a Designated Contract Market license from the Commodity Futures Trading Commission. The approval follows a five year review process and allows an affiliate to offer prediction markets in the United States. For you as an investor, this move puts NasdaqGS:GEMI more squarely inside the regulated futures ecosystem, rather than operating only on the margins of crypto and digital asset trading. The company's push into prediction markets comes at a time when interest in regulated event based contracts and alternative data sources for decision making has been growing across financial markets and among corporate users. With a DCM license in hand, Gemini Space Station's affiliate can now design and list contracts that are subject to CFTC oversight, which may appeal to institutions that prioritize clear rulebooks and compliance frameworks. How the company chooses to structure its product lineup, manage risk and attract liquidity will be ke Show less Read more
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