Gemini launches tokenized stock service in the EU, starting with MicroStrategy stock

ChainCatcher news, according to a disclosure from Gemini's official X platform, the cryptocurrency exchange Gemini has launched tokenized stock services in the European Union. Users can now purchase tokenized MicroStrategy (MSTR) stocks on the Gemini platform and transfer them freely on-chain.

Gemini stated that they are collaborating with leading providers of tokenized U.S. public securities to offer customers greater liquidity, transparency, and the same economic rights as the underlying securities (in permitted regions).

The tokenization of MSTR stocks is just the beginning, as Gemini plans to launch more tokenized stocks and ETF products in the coming days. This service is currently only available to customers in the European Union.