Gemini Space surges after securing US license for prediction markets
ReutersDec 11, 2025 10:32 AM
Shares of crypto platform Gemini Space GEMI.O jump 16% to $13.19 premarket
Co says it has received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers
Prediction markets allow investors to bet on outcomes from any events or topics, including sports tournaments and monetary policy
Co is the latest entrant into the space in the U.S.
Six of 10 brokerages rate the stock "buy", four "hold"; median PT is $28.5 - LSEG data
As of last close, stock had shed nearly 70% of its value vs its IPO price of $37.01
Co made its stock market debut in September
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