Winklevoss-led Gemini rolls out prediction markets in 50 US states

Gemini Launches Prediction Markets Nationwide

Gemini has launched prediction markets across the US after receiving federal approval. This new service accelerates competition in the crypto sector, joining other firms in the race to build 'everything apps'. Led by the Winklevoss twins, this initiative is expected to play a significant role in the future of digital assets. The prediction markets allow users to make forecasts about various events, potentially becoming a new source of revenue for crypto exchanges. The introduction of these markets may provide fresh customer acquisition opportunities in the crypto ecosystem, particularly targeting the younger demographic with concierge-type services. As competitors enhance their follower bases, Gemini aims to solidify its market position through robustness and receptivity. The cryptocurrency market remains highly volatile, but Gemini's movements could have a positive impact on the industry overall. In particular, the proliferation of prediction markets may encourage investors to explore new trading strategies, drawing significant attention.