Crypto Exchange Gemini to Launch Tokenized Stocks Trading
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has begun offering tokenized stocks to customers in the European Union (EU), the firm announced on Friday.
The rollout started with tokenized shares of Strategy (MSTR), known as the world’s largest corporate bitcoin
holder, with more stocks and exchange-traded funds (ETFs) to be added in the coming days, the firm said in an X post.
Gemini said it partnered with Dinari, a firm focused on tokenizing real-world assets, to issue the tokens. Dinari obtained a broker-dealer registration from the Financial Industry Regulatory Authority (FINRA) earlier this week, allowing the firm to offer tokenized versions of U.S. stocks.
The move comes as demand grows for bringing traditional…