Gemini Adds 14 New Tokenized Stocks for EU Users

Gemini, a prominent crypto exchange, has expanded its offerings in the European Union by introducing 14 new tokenized stocks. This announcement was made during the platform's “List-a-Thon” livestream on Monday. The newly added stocks include major US companies such as Nike, McDonald’s, Starbucks, Coca-Cola, Uber, and Yum! Brands. This addition brings the total number of equities available to EU users on Gemini to 37, following previous launches in late June and early July.

Gemini’s official blog emphasized that these new stock additions represent a significant step forward in enhancing its offerings for European users. The platform had previously added 21 new equities on July 3, including tech giants like Apple, Tesla, Amazon, Microsoft, Nvidia, and crypto companies such as Coinbase and Marathon Digital Holdings. The initial launch of tokenized stocks for EU investors occurred on June 27.

The latest addition of 14 stocks spans diverse industries, providing EU investors with greater portfolio flexibility. The new stocks include well-known brands like Nike, McDonald’s, Starbucks, Coca-Cola, and Yum! Brands, which is the parent company of major chains like KFC, Taco Bell, and Pizza Hut. Additionally, the platform now includes SaaS giants such as Cisco, Adobe, Snowflake, and Hut 8, as well as travel industry players like Delta Air Lines, Booking Holdings, Uber, Carnival Corporation, and Rocket Lab.

Gemini continues its partnership with Dinari, the issuer of dShares™—tokenized financial instruments that track the value of US equities on a 1:1 basis and provide the same economic rights, subject to legal limitations. Dinari manages the token issuance, with tokens minted on the Arbitrum network for optimized performance. These tokenized stocks are available for trading 24/7 on Gemini, with a trading fee of 1.49%.

Gemini, a US-based crypto exchange and custodian service, has also bolstered its lineup of tokenized assets by adding BlockFi Bitcoin and Ethereum funds. The token issuance is managed by Dinari, with tokens minted on the Arbitrum chain for efficiency. Gemini provides 24/7 trading availability for these tokenized stocks while charging a 1.49% fee per transaction.

Gemini Intergalactic EU Artemis, Ltd, an entity authorized and regulated by the Malta Financial Services Authority, rolled out these stock offerings. The platform's expansion into tokenized equities is part of a broader trend in the industry, with other firms also moving into this space. However, some of these offerings, such as Robinhood’s “Stock Tokens” product, have faced regulatory scrutiny and setbacks. Robinhood’s product, which includes as many as 215 stock tokens issued on the Arbitrum Layer 2 network, has been met with concerns from companies like OpenAI, which has publicly disavowed the service. Lithuania’s central bank has also asked Robinhood to clarify its tokenized equities further, following OpenAI’s response.

Other exchanges, such as Kraken and Bybit, have also launched their tokenized offerings. Kraken now offers stock trading via interfaces modeled after standard crypto pairings, while Bybit offers its xStocks on both its TradFi and decentralized “Byreal” platforms. These developments highlight the growing interest in tokenized equities and the potential for increased market access and flexibility for investors.