Gemini and PancakeSwap Expand Into Regulated Prediction Markets Across the US and BNB Chain

Gemini has rolled out its Gemini Predictions platform across all 50 US states after its affiliate Gemini Titan received a designated contract market license from the CFTC. PancakeSwap has introduced Probable, a BNB Chain-based prediction market backed by YZi Labs that will initially charge no fees and use UMA's Optimistic Oracle for event resolution. Trading volumes on platforms such as Kalshi and Polymarket have reached billions of dollars per month since October, drawing interest from both crypto firms and traditional financial players.