Starting July 4, 2025, European investors gained access to tokenized stocks of major U.S. companies through the Gemini platform, marking a significant step towards the synthesis of traditional and decentralized finance.
Launch of Tokenized Stocks in Europe
Gemini, in partnership with Dinari, introduced tokenized stocks of major companies such as Tesla and Apple, allowing a broader audience to participate in trading. The tokens are issued on Arbitrum, an Ethereum Layer 2 protocol, ensuring security and compliance with regulations.
Market Reaction to Tokenization
The market exhibits cautious optimism towards this innovation. The tokenization of stocks is expected to enhance investment access and increase liquidity in decentralized ecosystems. However, no significant changes in Bitcoin or Ethereum quotes have been observed.
Regulation of Tokenized Stocks
Gemini has obtained a MiFID II license in Malta, complying with regulatory standards, and allowing the integration of tokenized stocks with decentralized finance protocols. This reflects the company's readiness to adapt to changes within the financial system and blockchain. Previously, similar products were launched by FTX and Binance, yet they faced regulatory challenges.
The launch of tokenized stocks by Gemini represents a significant achievement in financial integration, potentially leading to improved investment access and expanded opportunities for European investors.
