Gemini launches tokenized Saylor's Strategy stock for EU investors
Tokenisation is one of the models that started with crypto, but it looks like things are now getting more adoption in other segments as well, which is great. There is a NEWS UPDATE that Gemini exchange has started the tokenisation for Michael Sellers' strategy stock, and this is available for European investors. It's big news because now anybody will be able to take the stocks in the form of a token for the strategy company, and we know that the strategy in our company has been accumulating Bitcoin a lot.
It is such a big company that has been investing in Bitcoin for a long time, and they have been buying at different prices because they believe that it is going to be even more valuable in future. Gemini has taken a great initiative, which will help a lot of investors to be part of the company where the growth is linked withBitcoinss so if Bitcoin grows nicely, then the value of the strategy will also grow.
Crypto exchange Gemini has launched a tokenised version of Michael Saylor’s Strategy (MSTR) stock for users in the European Union, allowing them to invest in the Bitcoin-buying firm on-chain. “Traditional financial rails are hard to access and in need of modernisation,” Gemini said in a statement on Friday.
In a way, it is like investing the stocks but with some modern tweaks, which is good because now you can buy even decimals of stock, but with the great advantage of modernisation and it is backed by the highly end technology. Let's hope this initiative goes well and a lot of people try to own the token stocks for the company, and if this experiment goes well, then probably you will see many more companies coming forward and doing this, and for that purpose, this start can be a great idea.
Do you think that it is a great initiative taken by the exchange and it will bring some value as a whole to the company and also to the Bitcoin community because if more people will invest on the companies stock then the company will be able to buy even more bitcoins from the market which will bring more value addition down the line.
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