Gemini Launches Tokenized MicroStrategy Stock Access for European Union Investors
Cointelegraph reports that crypto exchange Gemini launched a tokenized version of MicroStrategy stock for European Union users on Friday. The platform partnered with US securities provider Dinari to offer onchain access to Michael Saylor's Bitcoin-focused company. European investors can now trade MSTR shares 24/7 without traditional market restrictions or geographical limitations through blockchain technology.
Gemini stated that traditional financial systems require modernization due to access barriers and limited trading hours. The exchange aims to solve these problems by providing frictionless trading experiences in one location. Users can hold both crypto and tokenized stocks without switching between multiple platforms for different asset classes.
Growing Market for Tokenized Securities
The tokenized securities sector continues expanding across major cryptocurrency platforms in 2025. Kraken announced plans to offer tokens representing over 50 US stocks including Apple, Tesla and Nvidia to non-US customers. The xStocks program operates on Solana blockchain and provides round-the-clock trading access.
Coinbase seeks Securities and Exchange Commission approval to offer tokenized equities to US customers. Chief Legal Officer Paul Grewal described the concept as a "huge priority" that could place Coinbase in direct competition with traditional brokerages like Robinhood and Charles Schwab. The move represents a shift toward integrating traditional finance with blockchain infrastructure.
BlackRock CEO Larry Fink wrote in his 2025 shareholder letter that "every stock, every bond, every fund — every asset — can be tokenized." PYMNTS analysis shows blockchain technology provides advantages including fractional ownership, 24/7 trading and greater global accessibility for investors in countries with limited access to US financial markets.
MicroStrategy's Bitcoin Strategy Performance
MicroStrategy holds approximately 581,000 bitcoins worth around $63 billion as of early June 2025. Bitcoin Magazine reports the company increased holdings from 386,700 BTC at the start of 2025 to over 550,000 BTC through methodical weekly purchases totaling billions in dollar-cost-averaged acquisitions.
The company's average Bitcoin acquisition cost sits near $68,500, resulting in current mark-to-market profits close to $15 billion. Strategy announced first quarter results showing year-to-date "BTC Yield" of 13.7% and increased 2025 targets to 25% BTC Yield and $15 billion BTC Dollar Gain.
Financial analyst Jeff Walton calculated a 91% probability for MicroStrategy's inclusion in the S&P 500 if Bitcoin maintains levels above $95,240 through June 30. TradingView data shows MSTR would become the second crypto-related company joining the index in 2025 following Coinbase's inclusion in May.
Regulatory Environment and Market Implications
European crypto regulations provide clarity for tokenized asset offerings through the Markets in Crypto-Assets framework. Sumsub analysis shows MiCA licensing requirements began December 30, 2024, with transitional compliance periods continuing until July 2026. The regulatory structure addresses transparency, disclosure and authorization requirements for crypto-asset service providers.
The broader tokenized securities movement reflects institutional adoption trends. Securities.io research indicates major cryptocurrency companies like Coinbase and Kraken are entering traditional equity spaces to accelerate tokenized asset adoption. This development positions crypto exchanges in direct competition with mainstream retail brokerages.
Market dynamics suggest continued growth in tokenized equity offerings. CEO Arnab Naskar of STOKR described the sector as "definitely a bigger trillion-dollar market" opportunity. European investors gain access to US securities without traditional brokerage fees or geographic restrictions through blockchain-based trading platforms.
The integration of traditional securities with crypto infrastructure represents a fundamental shift in financial market access. Tokenized stocks eliminate intermediaries including centralized exchanges, broker-dealers and clearinghouses while reducing issuance costs and simplifying share transfers between investors.
Related Reading on BTC Peers
For deeper insights into global Bitcoin policy developments, read BTC Peers' Global Bitcoin Policy Index analysis. This comprehensive report examines regulatory frameworks across major economies and provides data-driven analysis of policy impacts on Bitcoin adoption. Readers will gain understanding of how different jurisdictions approach cryptocurrency regulation and the implications for institutional investment strategies like MicroStrategy's Bitcoin treasury model.
