Gemini, Tesla·Apple And Other Large Stocks Also Tokenized… Offered To EU Investors
The cryptocurrency exchange Gemini is significantly expanding the scope of stock tokenization. According to Crowdfund Insider, Gemini plans to tokenize stocks starting with MicroStrategy, including major US technology stocks like Tesla, Apple, Google, and Microsoft, and offer them to investors within the European Union (EU).
This tokenization also includes stocks of publicly listed cryptocurrency-related companies such as Marathon Holdings, Coinbase, and Circle. Gemini stated that this measure is “the beginning of a new financial infrastructure connecting traditional financial assets with blockchain technology,” and will continuously expand tokenization of various stocks and ETFs.
Tokenized shares reflect real shares on a 1:1 basis, allow fractional ownership, and offer 24-hour trading, providing flexibility compared to traditional stock investment methods. However, this product is currently only available to investors who meet qualification requirements within the EU, and it is restricted for investors in other regions such as the US.
The industry sees Gemini's expansion strategy as likely to ignite competition in stock tokenization, interpreting it as a signal for the full-fledged growth of the blockchain-based real asset tokenization market.