{"id":13510,"date":"2025-06-28T05:41:29","date_gmt":"2025-06-28T03:41:29","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=13510"},"modified":"2025-06-28T05:41:29","modified_gmt":"2025-06-28T03:41:29","slug":"gemini-launches-tokenized-saylor-strategy-stocks-for-european-users","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/06\/28\/gemini-launches-tokenized-saylor-strategy-stocks-for-european-users\/","title":{"rendered":"Gemini Launches Tokenized Saylor Strategy Stocks for European Users"},"content":{"rendered":"

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The cryptocurrency exchange Gemini has introduced a tokenized iteration of Michael Saylor\u2019s Strategy (MSTR) stock for users within the European Union, enabling them to invest in the Bitcoin purchasing company onchain.<\/p>\n

\u201cConventional financial infrastructures are challenging to access and require modernization,\u201d Gemini stated<\/a> in an announcement on Friday.<\/p>\n

More tokenized equities and ETFs are on their way to the platform soon<\/h2>\n

\u201cTokenized stocks address this concern by providing investors with enhanced access and fewer limitations,\u201d it further noted.<\/p>\n

Traditional stock exchanges come with numerous limitations, such as restricted trading hours linked to market time zones, elevated fees for overseas investors, and limited access for individuals in specific areas.<\/p>\n

Gemini explained, \u201conchain stock trading tackles these challenges by delivering a seamless experience all in one place.\u201d<\/p>\n

Source: <\/em>Gemini<\/em><\/a><\/figcaption><\/figure>\n

According to Gemini, investors can maintain both crypto and stocks onchain without the necessity of selling on one platform to trade stocks on another.<\/p>\n

Gemini collaborated with US public securities provider Dinari to facilitate the service. \u201cBy utilizing Dinari\u2019s tokenization-on-demand model, we can provide clients with increased liquidity, transparency, and equivalent economic rights as the underlying security, where permitted,\u201d it clarified.<\/p>\n

Although MSTR is the sole tokenized stock currently accessible on Gemini, the exchange indicated that additional tokenized stocks and exchange-traded funds (ETFs) are anticipated to debut \u201cin the coming days.\u201d<\/p>\n

\"Gemini,
MSTR closed the trading day on Friday with a decrease of 0.71%. Source: <\/em>Google Finance<\/em><\/a><\/figcaption><\/figure>\n

The Strategy (MSTR) stock has risen 3.84% over the last 30 days, currently trading at $383.88, as per<\/a> Google Finance statistics.<\/p>\n

On Wednesday, financial analyst Jeff Walton remarked that Strategy has a strong probability of qualifying for the S&P 500, provided Bitcoin (BTC<\/a>) does not fall below $95,240<\/a> prior to the conclusion of the second quarter.<\/p>\n

Increasing interest for tokenized equities in Europe<\/h2>\n

This development coincides with rising interest from various crypto platforms aiming to introduce US-tokenized equities to the European market. Currently, tokenized equities are not available for trading in the US.<\/p>\n

On May 8, it was reported that the brokerage fintech Robinhood is reportedly working on<\/a> a blockchain framework enabling European retail investors to trade US securities.<\/p>\n

Related: <\/strong><\/em>Coinbase seeks SEC endorsement for \u2018tokenized equities\u2019 \u2014 Report<\/strong><\/em><\/a><\/p>\n

Shortly thereafter, on May 23, cryptocurrency exchange Kraken announced its intentions to provide non-US clients the option to trade tokenized US stocks<\/a>, as part of the firm\u2019s initiative to offer more conventional assets through tokenization.<\/p>\n

Meanwhile, cryptocurrency exchange Coinbase is attempting to obtain the necessary approvals in the US. On Tuesday, Coinbase’s chief legal officer, Paul Grewal, reportedly stated that the company was<\/a> pursuing the approval of the Securities and Exchange Commission (SEC) to offer tokenized equities.<\/p>\n

Crypto leaders are optimistic that tokenized equities will significantly expand. Arnab Naskar, STOKR\u2019s CEO, recently expressed that it is challenging to forecast but is<\/a> \u201cundoubtedly a larger trillion-dollar marketplace.\u201d<\/p>\n

Magazine: <\/strong><\/em>New York\u2019s PubKey Bitcoin bar will orange-pill Washington DC next<\/strong><\/em><\/a><\/p>\n