Gemini Space Station, Inc. (GEMI) has received clearance from the U.S. CFTC to operate a Designated Contract Market (DCM). The newly authorized platform, branded Gemini Titan, will debut a prediction market that offers classic binary event contracts—yes/no wagers on future outcomes—within a regulated environment. This regulatory milestone broadens access to structured crypto derivatives and strengthens price discovery mechanisms for digital assets.

Going forward, Gemini indicates that Gemini Titan could expand into additional cryptocurrency derivatives, including futures, options, and perpetual contracts, subject to ongoing CFTC oversight. The DCM license process began as early as March 10, 2020, and the initial filing did not specify a prediction-market objective, signaling an adaptive regulatory approach. For context, a Designated Contract Market is the general term for most trading venues registered and regulated by the CFTC.