Gemini has significantly expanded its tokenised stock offerings for European investors, adding 14 new major US company shares to its platform. Notable additions include Nike, McDonald's, Starbucks, Coca-Cola, Uber, and Yum! Brands.
The move brings the total tokenised equities available to 37, providing EU users with a diverse range of investment options.
Tokens are issued by Dinari and minted on the Arbitrum blockchain, ensuring efficient and secure trading. Gemini enables 24/7 access to these tokenised stocks, charging a 1.49% fee per transaction.
The latest launch follows recent additions such as Apple, Tesla, Amazon, and Microsoft, reflecting Gemini's commitment to broadening market access.
Meanwhile, Robinhood's tokenised stocks, offering 215 tokens to European users, face regulatory hurdles after OpenAI rejected its shares. The company says the product provides indirect retail investor exposure.
Other crypto exchanges like Kraken and Bybit have also entered the tokenised equities space. Kraken's trading interface resembles traditional crypto pairs, while Bybit offers its xStocks on both centralized and decentralised platforms.
