Gemini launches tokenized MSTR shares
Crypto exchange Gemini has announced its expansion into tokenized stocks, starting with offering tokenized shares of Strategy (MSTR) to its European Union (EU) users.
Gemini’s new service enables clients to purchase and trade MSTR shares directly on the Arbitrum blockchain using just a smartphone and internet connection, significantly simplifying access to U.S. equities, reports Cryptopolitan
The company plans to extend support to more stocks and ETFs in the near future, positioning itself as a gateway for global investors to access U.S. financial markets through tokenized assets.
Strategic Partnerships and Growing Competition in Tokenized Equities
To enhance the offering, Gemini partnered with Dinari, a blockchain startup that recently gained regulatory approval to offer tokenized equities to non-U.S. users. This collaboration allows Gemini users to buy fractional, on-chain shares backed by real securities, with tokenized shares (dShares) also tradable on decentralized platforms like Coinbase’s Base network.
Gemini aims to globalize U.S. equities access while competing with exchanges like Coinbase and Kraken, which are actively pursuing regulatory pathways to offer similar tokenized stock services. Additionally, companies like Plume Network and Backed are also exploring real-world asset (RWA) tokenization, providing popular stocks like Tesla and Apple to crypto users.
Gemini Launches Solana Staking for Institutional Investors
Beyond tokenized equities, Gemini is deepening its involvement in the Solana ecosystem. The exchange recently introduced Solana staking services tailored for ETFs, corporations, and high-net-worth clients, allowing them to earn rewards while benefiting from Gemini’s cold storage security. Gemini also partnered with Purpose Investments to support the Solana ETF (SOLL), its second staking ETF, leveraging Gemini’s custody infrastructure. The partnership is expected to solidify Gemini’s footprint in the Canadian market. Furthermore, Gemini is collaborating with DeFi Development Corp., a Solana treasury firm, as it expands its SOL holdings and staking activities.
Recently we wrote that Galaxy Digital has successfully closed a $175 million venture fund, surpassing its initial $150 million target, and marking the firm’s first fund that includes external capital.
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