US Stock Market Move | Derivatives exchange application approved by CFTC Gemini Space Station (GEMI.US) pre-market up nearly 9%

On Thursday, Gemini Space Station (GEMI.US) rose nearly 9% in pre-market trading, reaching $12.33 per share. In terms of news, the derivative trading application of Gemini Space Station has been approved by the U.S. Commodity Futures Trading Commission (CFTC). Gemini has not yet publicly announced which products they plan to trade on this exchange, but regulatory documents mention a prediction market covering a variety of forecasts. This approval allows Gemini to potentially enter the prediction market field and expand the number of native cryptocurrency companies in the industry.