Crypto Exchange Gemini introduces 14 tokenized stocks to European Union investors. On Monday, in a live stream of that “list,” the platform announced it would add inventory from major US companies such as Nike (NKE), McDonald’s (MCD), Starbucks (SBux), Coca-Cola (KO), Uber and Yum. Brand (Yum).
Now platform Offer EU users and 37 shares after previous launches of tokenized stocks in late June and July 3rd.
Gemini boosts access to the EU market with 21 new tokenized stocks across top sectors
Gemini’s official blog highlights the latest stock additions as a major step forward in expanding its offering for European users. The platform included 21 new stocks on July 3, including crypto companies such as Apple, Tesla, Amazon, Microsoft, Nvidia, Coinbase and Marathon Digital (Mara) Holdings. Not too far from the initial launch of strategic tokenized stocks on June 27 for EU investors.
Gemini’s latest addition includes 14 stocks across a diverse industry, increasing the flexibility of EU investors’ portfolios. Popular brands like Nike are known for their athletic wear. McDonald’s is a global fast food nation. Starbucks, Cafe Leader. Coca-Cola, icon of the beverage industry. And yum! The brand is the parent of major chains such as KFC, Taco Bell, and Pizza Hut.
The platform is currently growing to include SaaS giants such as Cisco (CSCO), Adobe (Adobe), Snowflake (Snow), and Hut 8 (Hut). On the frontlines of the travel, he has acquired key players at Delta Air Lines (DAL), Reservation Holdings (BKNG), Uber (Uber), Carnival Corporation (CCL) and Rocket Lab.
Gemini maintains its relationship with Dinari, the issuer of Dshares™, which tracks the value of US stocks 1:1 and offers the same economic rights subject to legal restrictions. Dinari manages the issuance of tokens, and tokens are minted in the Arbitrum network for optimized performance. These tokenized stocks are available 24/7 on Gemini and charge a 1.49% trading fee.
US-based Crypto Exchange and Custodian Service Gemini is strengthening its tokenized assets lineup with the addition of Blockfi Bitcoin (BTC) and Ethereum (ETH) funds. The issuance of tokens is managed by Dinari. There, tokens are minted to make the token more efficient. Gemini charges a 1.49% fee per transaction, providing 24/7 transaction availability for these tokenized inventory.
Gemini Inter Galactic Eu Artemis, Ltd, an entity approved and regulated by the Malta Financial Services Authority (MFSA), has expanded these shares.
Robinhood’s tokenized products are still under regulation scrutiny
Other companies have also moved to tokenized stocks following Gemini’s lead. For example, Robinhood debuted its “stock token” product to European customers on June 30th, with up to 215 stock tokens issued on the Arbitrum Layer 2 network. However, as products still face regulatory scrutiny, the launch is filled with set-offs.
Inventory tokens are considered products in stock from companies such as Openai and SpaceX. However, Openai publicly denied the service and raised further concerns. After Robinhood made the announcement, Openai warned users that the token is not genuine Openai fairness, stressing that it never connected to Robinhood, and that any valid transfer of its shares must be approved in advance in writing.
Recently, the Lithuanian central bank has even asked Robinhood to clarify its tokenized stocks, following Openai’s response. The bank has made it clear that it can only assess the legality and compliance of a product after the platform responds.
Robinhood CEO Vlad Tenev argued that by working on Openai’s comments, tokenized products will be accessible to retail investors by providing indirect exposure, a structure made possible by investments in specially-purpose vehicles.
Meanwhile, Kraken and Bybit have also released tokenized products. Kraken now offers stock trading via an interface modeled after standard crypto pairing, while Bybit offers XStock on both Tradfi and the decentralized “Byreal” platform.
