“The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to a report on Tuesday.”, — write: www.coindesk.com
The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to the report, citing people familiar with the matter.
Gemini, which became a publicly traded company on the Nasdaq Global Select Market in September, is eyeing a move into an industry that has gained considerable traction in the last year.
Market leaders such as Polymarket and Kalshi shot to prominence during the 2024 US election campaign during which more than $8 billion in bets were made on the former’s platform.
This has prompted an array of other firms in the financial, technology and media sectors targeting entries into the market. Trump Media & Technology Group (DJT), the parent company behind President Donald Trump’s social platform Truth Social, said last month it planned to roll out prediction markets in partnership with Crypto.com.
Prediction markets contracts are classified as a form of derivatives as their value is derived from the outcome of a future event.
Therefore, Gemini’s application to offer such contracts would be in the hands of the US Commodity Future Trading Commission (CFTC), from whom approval can take several months.
Gemini did not immediately respond to CoinDesk’s request for comment.
A deep dive into Zcash’s zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.
- Shielded adoption surgedwith 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.
- The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.
- Project Tachyonled by Sean Bowe, aims to boost throughput to thousands of private transactions per second.
- Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.
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“Most of the world still doesn’t have crypto,” said Animoca Brands’ co-founder, adding that his company is planning to help change that through its public listing.
- Animoca Brands plans to list on Nasdaq through a reverse merger with Currenc Group, aiming to create an altcoin index vehicle for institutional and retail investors.
- The company, founded in 2011, entered the crypto market in 2017 and has invested in over 600 companies developing tokens in various fields.
- Animoca’s proposed merger with Currenc is targeting a late 2026 debut, subject to regulatory and shareholder approvals.
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