Gemini shares surge on potential prediction market challenge to Kalshi, Polymarket, Hyperliquid
Cryptocurrency exchange Gemini Space Station (GEMI), run by Cameron and Tyler Winklevoss, has received approval from the U.S. Commodity Futures Trading Commission (CFTC) for a derivatives clearinghouse (DCO) license, giving it access to the fastest-growing and most competitive space in regulated derivatives and cryptocurrency prediction markets. The approval allows Gemini to clear and settle trades…