The US-based crypto exchange Gemini has announced the launch of tokenized stock trading, beginning with MicroStrategy (MSTR) stock for European users. This new offering allows investors to bring traditional stock trading into the crypto space.
Launch of Tokenized Stocks
Gemini has rolled out a new feature allowing the trading of tokenized stocks, starting with MicroStrategy (MSTR) for EU users. This innovation enables investors to trade stocks 24/7.
Benefits of Trading Tokenized Assets
The integration of tokenized stocks combines blockchain capabilities with the stability of traditional equities. Investors can conduct trades quickly and securely due to the accessibility of tokens. Gemini highlighted that more tokenized stocks and ETFs will be added in the coming days.
Future of Tokenization and Market Trends
This launch is in collaboration with Dinari Global, a tokenization firm, aiming to democratize access to global stocks. Additionally, MicroStrategy, known for its substantial bitcoin holdings, has seen its stock surge by 151% since June 2024. The trend of tokenizing assets is already carving a niche in the $24.3 billion real-world asset market.
The launch of tokenized MicroStrategy stocks on the Gemini platform marks a significant step in blending traditional and crypto finance, opening new opportunities for traders in the European market.
