Gemini Introduces Tokenized Stocks for EU Investors on Arbitrum Blockchain

Gemini expands its offerings by allowing EU investors to trade fractional shares of major U.S. companies, enhancing accessibility without U.S. brokerage requirements.

ARB

Summary

Gemini has launched tokenized stocks for EU investors, including Nike, McDonald's, and Coca-Cola, issued on the Arbitrum blockchain and pegged 1:1 to real stocks. This initiative enables fractional trading, allowing investors to buy and sell without needing a U.S. brokerage account, thereby increasing access to major U.S. company stocks.

Terms & Concepts
  • Tokenized Stocks: Digital representations of shares in a company, allowing for fractional ownership and trading on blockchain platforms.
  • Arbitrum: A layer-2 scaling solution for Ethereum that enhances transaction speed and reduces costs.
  • Fractional Trading: The ability to buy and sell fractions of a share, making investments more accessible.