Crypto Exchange Gemini to Launch Tokenized Stocks Trading

Gemini, a crypt stock exchange founded by Cameron and Tyler Winklevoss, started offering tokenized supplies to customers in the European Union (EU)firm notified Friday.

The introduction began with tokenized strategy shares (Mst)known as the largest corporate bitcoins in the world

Holder with multiple shares and funds traded on stock exchange (ETF) In the coming days to be added, the company said in the paper.

Gemini said he had associated with Dinari, a company focused on tokenization of the real world to publish tokens to publish chips. Dinari obtained Broker-dealer registration from the Tax Regulation Office (Finra) At the beginning of this week, the company allows you to offer tokenized versions of US stocks.

This step comes when the demand for bringing traditional financial instruments, such as Blockchain rails, also known as tokenization of assets in the real world, is growing. Cryptocurrencies Coinbase and Kraken is also trying to expand to tokenized securities trading allegedly works To offer tokenized US shares for EU users.

Gemini last month secured MIFID II license from Malta, which allows it to offer derivative products across European economic space.