Gemini shares surge on potential prediction market challenge to Kalshi, Polymarket, Hyperliquid
Gemini Space Station (GEMI), the crypto exchange run by Cameron and Tyler Winklevoss, received U.S. Commodity Futures Trading Commission (CFTC) approval for a derivatives clearinghouse (DCO) license, allowing it to enter regulated derivatives and crypto’s fastest-growing, most-contested sector, prediction markets. The approval allows Gemini to clear and settle trades in-house instead of depending on external…