Winklevoss-Founded Gemini Moves to Enter Prediction Markets
Tyler, left, and Cameron Winklevoss during the Gemini Space Station IPO in New York, on Sept. 12.
Photographer: Michael Nagle/BloombergGemini Space Station Inc., the crypto exchange founded by billionaires Tyler and Cameron Winklevoss, is preparing to offer prediction market contracts, according to people familiar with plans.
The move would bring Gemini into the broader rush of financial firms entering the nascent industry developing around prediction markets, which offer a federally regulated way to bet on the outcome of sports games, elections and other events.