Cryptocurrency exchange Gemini has announced the expansion of its offerings for European Union investors by introducing 14 new tokenized stocks from major companies.
Addition of Tokenized Stocks
During its recent 'List-a-Thon' stream, Gemini announced the expansion of its range of tokenized stocks available to EU investors. Users can now trade shares of companies such as Nike, McDonald's, and Starbucks.
Details on New Stocks
The new offerings include shares from well-known brands, allowing investors to diversify their investment portfolios. Notably, companies like Coca-Cola, Uber, and Yum! Brands are now available, continuing the trend that began with other tokenized stocks launched in June and July.
Regulatory Issues and Competitive Offerings
In light of these developments, other companies are also advancing their tokenized stock offerings, such as Robinhood. However, Robinhood's product is facing regulatory scrutiny, which could impact its implementation in the EU. Gemini continues to maintain its relationship with Dinari, the issuer of financial instrument tokens.
Thus, Gemini is strengthening its position in the tokenized stock market in Europe, offering investors new trading opportunities.
