Gemini has introduced a tokenized version of Michael Saylor’s Strategy (MSTR) stock for European Union investors, enabling them to invest in the Bitcoin-buying firm onchain. The exchange's statement highlighted that traditional financial infrastructure presents significant barriers, such as limited trading hours, high fees for international investors, and restricted access based on location. Tokenized stocks are positioned as a solution, offering a more accessible and frictionless experience for investors. Currently, MSTR is the only tokenized stock available on the platform, but Gemini plans to add more tokenized stocks and ETFs soon. The service is enabled through a partnership with Dinari, a US public securities provider, which assists in providing greater liquidity and transparency for investors. Meanwhile, the interest in tokenized equities is rising among various crypto platforms aiming to offer US tokenized stocks to European markets. Other exchanges like Robinhood and Kraken are exploring similar opportunities, signifying a shift towards greater tokenization in finance. As of now, MSTR is trading at $383.88, reflecting a 3.84% increase over the past month, with analysts suggesting a strong likelihood of the stock qualifying for the S&P 500 by the end of Q2.

Source 🔗