The Gemini plan is to layout predictions for the market and has applied for a derivatives trading license

The cryptocurrency exchange Gemini is planning to enter the prediction market space, becoming another mainstream exchange exploring this sector after platforms like Coinbase. Sources reveal that Gemini has submitted an application for a derivatives trading platform operating license to the Commodity Futures Trading Commission (CFTC). Company executives have previously discussed that if approved, they will use the license to expand their event contracts and prediction products business, in order to enhance their derivatives ecosystem and diversify their trading offerings.