Gemini rolls out 14 more tokenized stocks, including Nike, Starbucks, and Coca-Cola
Source Cryptopolitan
Crypto exchange Gemini is introducing 14 tokenized stocks to its European Union investors. On Monday, on its “List-a-Thon” livestream, the platform announced it will be adding stocks of major US companies like Nike (NKE), McDonald’s (MCD), Starbucks (SBUX), Coca-Cola (KO), Uber, and Yum! Brands (YUM).
The platform now offers 37 equities to EU users following its earlier launches of tokenized stocks in late June and July 3.
Gemini’s official blog highlights the latest stock additions as a major step forward in expanding its offerings for European users. The platform included 21 new equities on July 3, like Apple, Tesla, Amazon, Microsoft, Nvidia, and crypto companies such as Coinbase and Marathon Digital (MARA) Holdings. Not too far from its initial launch of Strategy tokenized stocks, on June 27, for EU investors.
Gemini’s latest addition includes 14 stocks across diverse industries, strengthening portfolio flexibility for EU investors. It includes popular brands like Nike, known for its athletic wear; McDonald’s, a global fast-food powerhouse; Starbucks, the coffeehouse leader; Coca-Cola, a beverage industry icon; and Yum! Brands, the parent of major chains like KFC, Taco Bell, and Pizza Hut.
The platform has now grown to encompass some SaaS giants like Cisco (CSCO), Adobe (ADBE), Snowflake (SNOW), and Hut 8 (HUT) as well. On the travel front, it gained significant players with Delta Air Lines (DAL), Booking Holdings (BKNG), Uber (UBER), Carnival Corporation (CCL), and Rocket Lab.
Gemini is maintaining its relationship with Dinari, the issuer of dShares™—tokenized financial instruments that track the value of US equities 1:1 and provide the same economic rights, subject to legal limitations. Dinari manages token issuance, with tokens minted on the Arbitrum network for optimized performance. These tokenized stocks are available 24/7 on Gemini, charging a 1.49% trading fee.
US-based crypto exchange and custodian service Gemini is bolstering its lineup of tokenized assets with the addition of BlockFi Bitcoin ( BTC ) and Ethereum ( ETH ) funds. Token issuance is managed by Dinari, where tokens are minted on the Arbitrum chain to be more efficient. Gemini provides 24/7 trading availability for these tokenized stocks while charging a 1.49% fee per transaction.
Robinhood’s tokenized product is still under regulatory scrutiny
Stock tokens are considered products in the stocks of companies like OpenAI and SpaceX. However, OpenAI has publicly disavowed the service and has raised further concerns. After Robinhood made the announcement, OpenAI warned users that the tokens are not real OpenAI equity, stressed it was not in any way connected with Robinhood, and emphasized that any valid transfer of its equity must receive prior written approval, which it did not.
Recently, Lithuania’s central bank even asked Robinhood to clarify its tokenized equities further, following OpenAI’s response. The bank made it clear that only after the platform responds will they be able to evaluate the legality and compliance of the product.
Addressing OpenAI’s comments, Vlad Tenev, CEO of Robinhood, only maintained that their tokenized product opens up access for retail investors by offering indirect exposure, a structure enabled by their investment in a special purpose vehicle.
Meanwhile, 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.
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Bitcoin briefly loses 2025 gains as crypto plunges over the weekend.Bitcoin experienced a sharp decline this weekend, briefly erasing its 2025 gains and dipping below its year-opening value of $93,507. The cryptocurrency fell to a low of $93,029 on Sunday, representing a 25% drop from its all-time high in October. Although it has rebounded slightly to around $94,209, the pressures on the market remain significant.
The downturn occurred despite the reopening of the U.S. government on Thursday, which many had hoped would provide essential support for crypto markets. This year initially appeared promising for cryptocurrencies, particularly after the inauguration of President Donald Trump, who has established the most pro-crypto administration thus far. However, ongoing political tensions—including Trump's tariff strategies and the recent government shutdown, lasting a historic 43 days—have contributed to several rapid price pullbacks for Bitcoin throughout the year.
Market dynamics are also being influenced by Bitcoin whales—investors holding large amounts of Bitcoin—who have been offloading portions of their assets, consequently stalling price rallies even as positive regulatory developments emerge. Despite these sell-offs, analysts from Glassnode argue that this behavior aligns with typical patterns seen among long-term investors during the concluding stages of bull markets, suggesting it is not indicative of a mass exodus.
Notably, Bitcoin is not alone in its struggles, as Ethereum and Solana have also recorded declines of 7.95% and 28.3%, respectively, since the start of the year, while numerous altcoins have faced even steeper losses.
Looking ahead, questions linger regarding the viability of the four-year cycle thesis, particularly given the increasing institutional support and regulatory frameworks now in place in the crypto landscape. Matt Hougan, chief investment officer at Bitwise, remains optimistic, suggesting a potential Bitcoin resurgence in 2026 driven by the “debasement trade” thesis and a broader trend toward increased adoption of stablecoins, tokenization, and decentralized finance. Hougan emphasized the soundness of the underlying fundamentals, pointing to a positive outlook for the sector in the longer term.
Bitcoin experienced a sharp decline this weekend, briefly erasing its 2025 gains and dipping below its year-opening value of $93,507. The cryptocurrency fell to a low of $93,029 on Sunday, representing a 25% drop from its all-time high in October. Although it has rebounded slightly to around $94,209, the pressures on the market remain significant.
The downturn occurred despite the reopening of the U.S. government on Thursday, which many had hoped would provide essential support for crypto markets. This year initially appeared promising for cryptocurrencies, particularly after the inauguration of President Donald Trump, who has established the most pro-crypto administration thus far. However, ongoing political tensions—including Trump's tariff strategies and the recent government shutdown, lasting a historic 43 days—have contributed to several rapid price pullbacks for Bitcoin throughout the year.
Market dynamics are also being influenced by Bitcoin whales—investors holding large amounts of Bitcoin—who have been offloading portions of their assets, consequently stalling price rallies even as positive regulatory developments emerge. Despite these sell-offs, analysts from Glassnode argue that this behavior aligns with typical patterns seen among long-term investors during the concluding stages of bull markets, suggesting it is not indicative of a mass exodus.
Notably, Bitcoin is not alone in its struggles, as Ethereum and Solana have also recorded declines of 7.95% and 28.3%, respectively, since the start of the year, while numerous altcoins have faced even steeper losses.
Looking ahead, questions linger regarding the viability of the four-year cycle thesis, particularly given the increasing institutional support and regulatory frameworks now in place in the crypto landscape. Matt Hougan, chief investment officer at Bitwise, remains optimistic, suggesting a potential Bitcoin resurgence in 2026 driven by the “debasement trade” thesis and a broader trend toward increased adoption of stablecoins, tokenization, and decentralized finance. Hougan emphasized the soundness of the underlying fundamentals, pointing to a positive outlook for the sector in the longer term.
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Silver price retreats by over 1% on Monday, even as the Greenback and US Treasury yields edge lower, with the white metal threatening to drop below $60 for the first time this week. At the time of writing, the XAG/USD trades at $61.80, after peaking at around $63.28 earlier during the day,
