Gemini, a crypto exchange founded by Cameron and Tyler Winklevos, has begun offering tokenized stocks to European Union customers (european union)The company announced on Friday.
The rollout started with a tokenized share of the strategy (MSTR)It is known as the world’s largest company, Bitcoin
Holders have more shares and funds traded on exchanges (ETF) It will be added in the next few days, the company said in X-Post.
Gemini said it partnered with Dinari, a company focused on real-world assets tokens to issue tokens. Dinari has obtained a broker-dealer registration from financial industry regulators (FINRA) Earlier this week, we will be able to provide the company with a tokenized version of US stock.
This move is due to growing demand for bringing traditional financial products, such as stocks, to the blockchain rail, also known as tokenization of real-world assets. Crypto Exchanges Coinbase and Kraken are looking to expand into tokenized securities trading, while Robinhood is working to provide tokenized US stocks to EU users.
Gemini secured a MiFID II license from Malta last month, allowing it to offer derivative products across the European economy.
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