Gemini, the crypto exchange established by Cameron and Tyler Winklevoss, began to offer tokenized stocks to customers in the European Union (EU)The firm announced on Friday.
Rollout began to tokenized strategy sharing (Mstr)known as the world’s largest corporate
Holds, with multiple stocks and funds exchanged by the exchange (ETFS) To be added in the coming days, the firm said in an X post.
Gemini said it cooperated with Dinari, a firm dedicated to the taste of real-world assets, to issue tokens. Dinari obtained A registration of broker-dealer from the financial industry regulation authority (Finra) Earlier this week, allowing the firm to offer tokenized versions of US stocks.
The move came as the demand grew for the bringing of traditional financial instruments such as the equivalent to the blockchain metals, also known as tokenization of real-world assets. Crypto exchange Coinbase and Kraken also seeks to expand to tokenized securities trading, while Robinhood is reported working In offering US tokenized stocks for EU users.
Gemini last month secure A MIFID II license from Malta that provides to offer derivative products throughout the European Economic Area.
