On December 11, GEMI, the crypto exchange arm of Gemini Space Station, Inc., posted notable pre-market momentum, climbing by more than 18%. Market participants weighed the implications of a potential expansion into regulated products within the digital-asset ecosystem.

Regulatory authorities reportedly granted Gemini permission to operate as a Designated Contract Market (DCM) under the CFTC regime, a development that could widen access to regulated derivatives and support the firm’s prediction market strategy.

Gemini Titan will debut with classic binary contracts, offering yes/no bets on future events. The launch aims to deliver transparent, rule-based exposure to outcome-based scenarios for both professional and retail traders within a compliant framework.