Crypto exchange Gemini has launched tokenized stock trading in the European Union, starting with shares of Strategy (formerly known as MicroStrategy).
According to the June 27 statement, the move opens up a new way for the firm’s European users to gain exposure to traditional equities using blockchain technology.
A New Era For Stock Trading On-Chain
This rollout comes through a partnership with Dinari, a company focused on turning real-world assets into blockchain-based tokens.
“At Gemini, we’ve always believed in a ‘security-first’ approach, an ethos of asking for permission, not forgiveness. Partnering with Dinari aligns perfectly with that vision. We’re proud to offer our users a high-integrity option for accessing real-world financial markets on-chain,” Tyler Winkelvoss, the CEO of Gemini, said.
Notably, Dinari recently received regulatory approval as a broker-dealer in the US, which gives it the legal basis to offer tokenized versions of American stocks to global markets.
So, by introducing tokenized MicroStrategy stock, Gemini enables EU customers to invest in one of Bitcoin’s largest corporate holders using digital rails instead of traditional brokerages.
Comments are disabled.
