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Gemini Rolls Out Tokenized Stocks in EU, Starting With Strategy Shares

The crypto exchange has teamed up with tokenization specialist Dinari to offer tokenized U.S. stocks to users in European Union.

Jun 27, 2025, 9:56 p.m.
Cameron and Tyler Winklevoss (Anna Moneymaker/Getty Images)
Cameron and Tyler Winklevoss (Anna Moneymaker/Getty Images)

What to know:

  • Gemini said Friday it launched tokenized stock trading for EU customers.
  • The first tokenized shares available are of Strategy (MSTR), with more stocks and ETFs to follow.
  • Trading platforms are increasingly eye tokenization to expand offerings.

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has begun offering tokenized stocks to customers in the European Union (EU), the firm announced on Friday.

The rollout started with tokenized shares of Strategy (MSTR), known as the world's largest corporate bitcoin holder, with more stocks and exchange-traded funds (ETFs) to be added in the coming days, the firm said in an X post.

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Gemini said it partnered with Dinari, a firm focused on tokenizing real-world assets, to issue the tokens. Dinari obtained a broker-dealer registration from the Financial Industry Regulatory Authority (FINRA) earlier this week, allowing the firm to offer tokenized versions of U.S. stocks.

The move comes as demand grows for bringing traditional financial instruments such as equities onto blockchain rails, also known as tokenization of real-world assets. Crypto exchanges Coinbase and Kraken are also seeking to expand into tokenized securities trading, while Robinhood is reportedly working on offering tokenized U.S. stocks for EU users.

Gemini last month secured a MiFID II license from Malta that allows it to offer derivative products across the European Economic Area.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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