Interesting move by Gemini in the prediction market. They're basically trying to directly compete with Kalshi and Polymarket after obtaining the derivatives license. And from the news I read, their stock has been soaring these days.

Honestly, the prediction market is a sector that's growing quite a lot. These players are trying to capture increasingly larger market shares, and Gemini, backed by Google, has significant resources. I don't know about you, but I find it fascinating how the prediction derivatives market has become so competitive.

CoinDesk covered the news well, although of course they are part of Bullish, so their interests always need to be considered. But anyway, seeing the stock react so positively suggests that investors believe in this strategy. What do you think about this battle in the sector?