Cryptocurrency exchange Gemini has announced the launch of its first tokenized stock, MicroStrategy, for customers in the European Union. The new product will be available on the Arbitrum Network.
Gemini's Goals for US Equities
Gemini aims to rebuild the financial system by integrating global assets with a 24/7 access model. The platform provides access to tokenized US equities like MSTR for anyone with a smartphone and internet.
"Our goal is to export U.S. equities across the globe and connect the greatest companies on planet earth to the people of planet earth," the company representatives stated.
Key Highlights of Gemini's Tokenized Stocks
Tokenized stocks enable individuals to purchase fractional shares of American companies without needing to buy full shares, making investments accessible to everyone.
- Individuals will be able to buy and sell tokenized stocks without delay as on-chain stock trading will not require them to move cryptocurrency to another platform.
- On-chain stock trading offers a frictionless experience, meaning it will not require high transaction fees, providing greater access with fewer restrictions for crypto investors.
Gemini Partners with Dinari
To rebuild the financial system, Gemini has partnered with Dinari, the leading provider of tokenized US public securities. This cooperation will offer customers greater liquidity and transparency.
Dinari CEO Gabe shared his thoughts on collaborating with Gemini: "Gemini has been a pioneer in the crypto space, building compliant and secure infrastructure for assets to be bought, held, and sold for over a decade."
Gemini continues to expand its offerings by introducing tokenized stocks, paving the way for broader integration between blockchain and global equity markets.