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.
The token is live on Arbitrum, an Ethereum Layer-2 network, and Gemini plans to expand to more blockchain networks soon.
Gemini stated that the European rollout marks a first step toward broader global availability, including a planned US launch soon.
Meanwhile, Gemini’s move reflects a growing trend of bridging traditional financial assets with blockchain-based trading in the crypto sector.
Notably, tokenizing real-world assets (RWAs), such as stocks and bonds, is gaining momentum across the industry.
Analysts project that tokenized assets could account for as much as $4 trillion in market value by the decade’s end.
Considering this, several crypto trading platforms, such as Bybit, Gemini, Kraken, and Coinbase, are now entering the space to take a bite of the market.
These companies are racing to meet growing investor demand for a unified platform supporting crypto and equity trading.
Commenting on the shift, Kyle Reidhead of Milk Road Daily noted that the line between crypto and traditional finance is quickly fading.
He suggested that the financial firms best positioned to succeed will be those using blockchain technology behind the scenes to deliver faster and more cost-effective services.
“Soon we won’t know what it means to be a ‘crypto company,’ you will just be a financial services company. Those that use blockchains under the hood to operate their financial services will win It will be cheaper, faster and better than traditional rails,” Reidhead said.
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