Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing to enter the prediction markets sector, aiming to compete with platforms like Polymarket and Kalshi. The move marks Gemini’s expansion beyond traditional crypto trading into decentralized forecasting tools that allow users to bet on real-world events. The company plans to leverage its regulatory compliance and U.S.-based infrastructure to gain a competitive edge. Analysts see this as part of Gemini’s broader strategy to diversify revenue streams and capitalize on the rising demand for blockchain-based prediction and data markets.
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