Crypto Exchange Gemini for launching tokenized shares trading

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has begun to offer tokenized shares to customers in the European Union (EU)Announced the company Friday.

The rolling started with tokenized strategy for strategy (Mstr)known as the world’s largest company’s bitcoin

Proprietor, with more shares and stocked funds (ETFS) To be added in the coming days, the company said in an X -post.

Gemini said it was working with Dinari, a company that focused on tokenizing assets in the real world to issue tokens. Dinari obtained a brokerage retailer registration from the financial industrial expectation authority (Finra) Earlier this week, the company can offer tokenized versions of US stocks.

The move comes as demand grows to bring traditional financial instruments such as stocks on blockchain rails, also known as the tokenization of assets in the real world. Crypto exchanges Coinbase and Kraken is also trying to expand to tokenized securities trading, while Robinhood is reportedly working to offer tokenized US shares to EU users.

Last month, Gemini secured a MiFID II license from Malta that allows it to offer derived products across the European economic field.

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