Gemini customers in the European Union can now buy tokenized Strategy ( formerly Microstragy – MSTR) on Gemini 1 and take it anywhere onchain.
This means that anyone in the world with a smartphone and an internet connection can “gain access to tokenized U.S. equities like MSTR on the blockchain.”
This is the future of finance and the “future has arrived.”
Combining the “best assets” in the world “with the 24/7/365 form factor of crypto is how we reimagine and rebuild the financial system.”
They are starting with MSTR and will be rolling out “more tokenized stocks and ETFs in the coming days.”
Their goal is to export U.S. equities across the globe and “connect the greatest companies on planet earth to the people of planet earth.”
To do this, they have partnered with Dinari, the “provider of tokenized U.S. public securities.”
By leveraging Dinari’s tokenization-on-demand model, they are “able to offer customers greater liquidity, transparency, and the same economic rights as the backing security, where permitted.”
A full list of jurisdictions where Gemini supports tokenized stocks is available.
MSTR is currently available on the Arbitrum network, “with additional networks to be supported soon.”
Some key takeaways:
- Fractional stock ownership: Tokenized stocks let you buy fractions of U.S. equities without needing to purchase a full share. This opens up access to U.S. markets for anyone, anywhere, and allows investors to participate in a company’s growth without needing large upfront capital.
- Keep all of your investments onchain: You can now conduct your financial life almost entirely onchain, buying and selling tokenized stocks without delay. Gone are the days of selling your crypto on one platform and moving it elsewhere to buy stocks.
- Expanded access to US market: Whether it’s currency fluctuations or high transaction fees, non-US investors often face challenges when buying and selling US equities. Onchain stock trading solves these problems by offering a frictionless experience in one place.
Traditional financial rails are “hard to access and in need of modernization.”
Tokenized stocks solve this problem by “giving investors greater access with fewer restrictions.”
They are the ideal way to engage in “a globalized, fast-moving financial world where speed matters.”
Tokenized stocks or dSharesTM are made available “via a platform operated by Gemini Intergalactic EU Artemis, Ltd, which is authorized and regulated by the Malta Financial Services Authority (MFSA) under the Investment Services Act (Cap. 370, Laws of Malta).”
Gemini is authorized to provide “the following MiFID investment services: dealing on its own account and with the execution of orders on behalf of other persons.”
Tokenized stocks offered in Europe “are digital derivatives linked to public equity securities.”
Tokenized stocks offered by Dinari, Inc. are called dSharesTM.
All dSharesTM are backed 1:1 by the “corresponding U.S. equity and offer the same economic rights as the underlying security, where permitted.”
All dSharesTM are held with a regulated custodian and “are issued by Dinari, a U.S. SEC‑registered transfer agent.”
Tokenized stocks offered in Europe are digital derivatives linked to “public equity securities. dSharesTM are offered for purchase and sale directly from Dinari, which is not affiliated with Gemini or its affiliates.”