Gemini Exchange to Launch Prediction Market Contracts Following Regulatory Approval

Leading cryptocurrency exchange Gemini is preparing to introduce prediction market contracts to its trading platform, according to Bloomberg reports. The New York-based digital asset platform is working to expand its derivatives offerings with these new financial instruments. This strategic move positions Gemini to compete with other major exchanges in the rapidly growing prediction markets sector. The contracts will allow traders to speculate on real-world events and outcomes, marking a significant expansion of Gemini's product portfolio beyond traditional cryptocurrency trading.