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0 0 0.0107609531129901 0.0146041506533437 0.0161414296694851 0.00845503458877796 -0.0238278247501921 -0.0445810914681015
Stock impact report

Gemini To Take On Kalshi and Polymarket in Prediction Markets After CFTC Approval [Yahoo! Finance]

Gemini Space Station, Inc. - Class A (GEMI) 
Company Research Source: Yahoo! Finance
Rapid growth has generated significant excitement around the burgeoning asset class. The company is also considering launching crypto derivatives in the U.S. Gemini Space Station on Wednesday, Dec 10, announced that its affiliate Gemini Titan has received approval from the Commodity Futures Trading Commission (CFTC) to act as a Designated Contract Market (DCM). Crypto exchanges require a DCM registration to offer futures and options, but Gemini highlighted another possibility: event-based prediction markets. Pioneered by Kalshi and Polymarket, prediction markets have now found their way to other trading venues. Crypto.com and Robinhood were the first exchanges to list event contracts under their respective DCM licenses, letting users wager on everything from political appointments and sporting events to market movements and interest rates. (Although platform operators insist they don't facilitate gambling Gemini's planned entry into space comes more than five years after Show less Read more
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