Provider at a glance
- Category
- Tokenised Equities
- Entity
- All 4 Gemini products
- Official website
- gemini.com
Independent rankingchecked How it works
Details
Scored 41 out of 100 under methodology 2026.10.18, from the evidence read in September 2026.
Gemini Tokenized Stocks
Tokenised stocks from Gemini in the EU
Tokenised Equities
#8 Overall
Ranked #8 of 8 tokenised equities in the published ranking
41
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
Is Gemini Tokenized Stocks right for you?
Right for you if these matter most
- US-person answer9/10, the category best
Look elsewhere if these come first
- Share or promise1/10 here; Bullish tokenized BLSH shares scores 8
- Issuer named7/10 here; Bullish tokenized BLSH shares scores 8
- Dividends explained2/10 here; Robinhood EU Classic Stock Tokens scores 8
Not yet tested for your country. Markets it lists: Europe. Restricted: United States.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best tokenised equity shows where it lands for you.
What will Gemini Tokenized Stocks cost you?
Not priced on this basis
- Your balance
- $10k
How safe is Gemini Tokenized Stocks?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts. Read September 2026.
- LicenceMiCA (EU): no register record on file here.
- On the registersMiCA: authorised, GEMINI INTERGALACTIC EU, LTD. (MT, since 2025-08-21). Read 3 November 2026. Open the register
Alternatives to Gemini Tokenized Stocks
Compare all 4- 5Bullish tokenized BLSH shares17 points above · stronger on share or promise (8 against 1)58
- 6Dinari dShares17 points above · stronger on share or promise (5 against 1)58
- 7Robinhood EU Classic Stock Tokens4 points above · stronger on dividends explained (8 against 2)45
For your setup
Find out if Gemini Tokenized Stocks fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Gemini Tokenized Stocks lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best tokenised equityNothing is inferred from clicks, popularity or commercial value.
Why this rank
Why Gemini Tokenized Stocks ranks #8
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (13.3 here) sit inside the score; availability, friction, trust record and measured data add the rest. Best in this ranking on 1 of 4.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
351+1.123.510#7/8Loading evidence…
257+5.607.59#5/8Loading evidence…
222+1.415.58#7/8Loading evidence…
189+5.188.59#1/8Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin−4behind Robinhood EU Classic Stock Tokens, #7
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 41 and stays #8
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of Gemini Tokenized Stocks’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
Do I own the share, or do I own a promise from whoever sold it to me? 1 → 5 on its ladder · passes Robinhood EU Classic Stock Tokens+445#8 → #7
When a dividend or a split happens, does anyone tell you in writing what you will get? 2 → 9 on its ladder · passes Robinhood EU Classic Stock Tokens+746#8 → #7
Smallest climb: “Do I own the share, or do I own a promise from whoever sold it to me?” 1 → 5 passes Robinhood EU Classic Stock Tokens, #7.
Strengths
1 from the score dataWhere it leads
Best for readers who weight
- Can a US person hold this — and does the vendor give me the same answer twice? — 9/10, the category best
Tradeoffs
3 from the score dataWhere it trails
Not for readers who put first
- Do I own the share, or do I own a promise from whoever sold it to me? — 1/10 against a category best of 10/10
- Whose name is on the paper I am buying — and can I look that entity up in a register? — 7/10 against a category best of 9/10
- When a dividend or a split happens, does anyone tell you in writing what you will get? — 2/10 against a category best of 8/10
Record watch-outs
- You are told twice that it is free and once, in the only document that binds, that it is not — and the same split runs through what you own. Gemini headlines 'Gemini Tokenized Stocks Are Now Trading Fee-Free' and 'No trading fee is applied.', while its own PRIIPs KID prices 'Entry costs; 0.2%' and 'Exit costs; 0.2%' on the identical product; and Gemini's blog says dShares 'offer the same economic rights as the underlying security, where permitted' while the KID says buyers 'have neither a claim to delivery of the Underlying Asset nor rights equivalent to direct' holders 'such as voting rights'. Buy the same ticker from Dinari and you are told a broker-dealer bought a real NMS share into custody at Alpaca; buy it from Gemini and you hold 'a determinable cash-settled claim against Dinari' rated '7 / 7 – Very High Risk' and 'neither insured nor guaranteed by any government or agency'. Which of those you own depends on nothing but which website you were standing on.
Competitive position
Where Gemini Tokenized Stocks leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#5 / 86.0 of 20 · best 14.0
Published criteria#8 / 810.0 of 30 · best 19.0
Friction#1 / 82.7 of 10 · constant here
Trust record#1 / 83.2 of 8 · constant here
Measured data#1 / 88.3 of 18 · constant here
Where Gemini Tokenized Stocks leads
- Can a US person hold this — and does the vendor give me the same answer twice?#1 / 8
Where it trails
- Do I own the share, or do I own a promise from whoever sold it to me?#7 / 8
- When a dividend or a split happens, does anyone tell you in writing what you will get?#7 / 8
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Robinhood EU Classic Stock Tokens#7 of 8 · score 45 · 4.0 points ahead
Gemini Tokenized Stocks leads on
- Can a US person hold this — and does the vendor give me the same answer twice?9 vs 8
Robinhood EU Classic Stock Tokens leads on
- Whose name is on the paper I am buying — and can I look that entity up in a register?8 vs 7
- When a dividend or a split happens, does anyone tell you in writing what you will get?8 vs 2
Largest single reason Robinhood EU Classic Stock Tokens is ahead: published criteria (+8.6 display points).Scenario cost: Robinhood EU Classic Stock Tokens has no verified pricing for this scenario.
Dinari dShares#6 of 8 · score 58 · 17.0 points ahead
Gemini Tokenized Stocks leads on
- Can a US person hold this — and does the vendor give me the same answer twice?9 vs 1
Dinari dShares leads on
- Do I own the share, or do I own a promise from whoever sold it to me?5 vs 1
- When a dividend or a split happens, does anyone tell you in writing what you will get?6 vs 2
Largest single reason Dinari dShares is ahead: availability (+15.6 display points).Scenario cost: Dinari dShares has no verified pricing for this scenario.
Bullish tokenized BLSH shares#5 of 8 · score 58 · 17.0 points ahead
Gemini Tokenized Stocks leads onNo scored criterion
Bullish tokenized BLSH shares leads on
- Do I own the share, or do I own a promise from whoever sold it to me?8 vs 1
- Whose name is on the paper I am buying — and can I look that entity up in a register?8 vs 7
- When a dividend or a split happens, does anyone tell you in writing what you will get?5 vs 2
Largest single reason Bullish tokenized BLSH shares is ahead: published criteria (+20.8 display points).Scenario cost: Bullish tokenized BLSH shares has no verified pricing for this scenario.
Against the leader
81 vs 41 · gap 40.0Why Superstate Opening Bell ranks above Gemini Tokenized Stocks
The compare workspace's arithmetic applied to these two rows. Each dimension's share of the gap is its weight × the difference, on the displayed scale; a floor bound on one of the rows keeps the reproduced gap (44.2) from matching the displayed one exactly, which is stated rather than hidden.
DimensionThisSuperstate Opening BellGap share
Availability · 23% weight6.014.0−20.8, worse
Published criteria · 35% weight10.019.0−23.4, worse
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight · constant here8.38.3same
Published criterionThisSuperstate Opening BellPoints
Do I own the share, or do I own a promise from whoever sold it to me? · w35110−10.08, worse
Whose name is on the paper I am buying — and can I look that entity up in a register? · w2579−1.60, worse
When a dividend or a split happens, does anyone tell you in writing what you will get? · w2225−2.11, worse
Can a US person hold this — and does the vendor give me the same answer twice? · w1896+1.73, better
Net4181−40.0≈
Your scenario
Gemini Tokenized Stocks is not priced for this scenario
The annual management fee on your balance. Excludes performance fees, spreads and any redemption charge. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
Your balance · your input$10k
Rate read from the provider’s published pricing ↗ on 29 September 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 8 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
8 of 8 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
Evidence read 29 September 2026
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #8 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.The newest evidence read on the platform is 3 November 2026; this category's reading is older. The scores stand as read on 29 September 2026.
Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
Do I own the share, or do I own a promise from whoever sold it to me?strength 1 · weight 35Report an error—29 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Whose name is on the paper I am buying — and can I look that entity up in a register?strength 7 · weight 25Report an error—29 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.When a dividend or a split happens, does anyone tell you in writing what you will get?strength 2 · weight 22Report an error—29 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Can a US person hold this — and does the vendor give me the same answer twice?strength 9 · weight 18Report an error—29 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by Do I own the share, or do I own a promise from whoever sold it to me? · 35% (Gemini Tokenized Stocks 1/10)Scored by Whose name is on the paper I am buying — and can I look that entity up in a register? · 25% (Gemini Tokenized Stocks 7/10)
- Regulatory failure (Gemini Tokenized Stocks 9/10): no licence where you are, or a forced market exit.Scored by Can a US person hold this — and does the vendor give me the same answer twice? · 18%
- Information failure (Gemini Tokenized Stocks 2/10): the number is wrong or bought, or your data leaks.Scored by When a dividend or a split happens, does anyone tell you in writing what you will get? · 22%
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Facts
facts, not scoresWhat the record publishes
- Pricing
- From the PRIIPs Key Information Document at https://
www .gemini .com /legal /key-information-document (still 'Date of this document : 03 July 2025'; read on 29 September 2026, HTTP 200), cost tables as the page renders them: "Entry costs; 0.2% USD $20", "Exit costs; 0.2% USD $20", "Other ongoing costs; 0% 0", and for "Investment: USD 10,000": "Total costs USD 40 USD 62.19" with "Annual cost impact (*) 0.40% 0.06%" (after 1 year and after 5 years respectively); in words, "entry costs: 0.2% of the purchase price and exit costs: 0.2% of the sale price". The KID gives "Recommended holding period: 5 years" and, in the next sentence, "There is no recommended holding period for the Product." Gemini's product page (https:// www .gemini .com /tokenizedstocks, same date) states the price differently: 'Gemini includes a spread in the price when you buy or sell tokenized stocks.' and 'No trading fee is applied.', qualified on the same page by 'All purchases and sales will be subject to fees and other conditions as set forth by Dinari.'; the 16 Nov 2025 blog headlines 'Gemini Tokenized Stocks Are Now Trading Fee-Free'. No spread size is published on any of these pages.Gemini Tokenized Stocks — official pricing page ↗ · 29 September 2026 - Prices published in
- USDGemini Tokenized Stocks — official pricing page ↗ · 29 September 2026
- Licences held
- Not published
- Compliance level
- partial
- Regulatory note
- THE BINDING DOCUMENT IS THE PRIIPs KID, and it disclaims ownership outright.
- Supported chains
- arbitrum
- Markets served
- europe
- Primary markets
- Not published
- Restricted markets
- United States
- Operating limits
- Not published
- Availability note
- A genuine market restriction, not OFAC boilerplate, and both kinds are present separately. The market restriction: 'Gemini EU services and products are not available to residents of countries where local laws and regulations restrict or prohibit their offering, including the US.' (https://
www .gemini .com /tokenizedstocks) and 'Not available to persons in the US.' (https:// www .gemini .com /blog /weve-launched-tokenized-stocks-starting-with-microstrategy-mstr). The perimeter is positively stated as the EU only — 'Gemini customers in the European Union can now buy tokenized MicroStrategy (MSTR)' (launch post) and 'Gemini customers in the European Union can now enjoy tokenized stocks trading' (https:// www .gemini .com /blog /gemini-tokenized-stocks-are-now-trading-fee-free) — sold by a Malta-licensed MiFID investment firm passporting into the EU. SEPARATELY, the ordinary sanctions representation appears in the Artemis user agreement and is NOT a regional footprint: users must confirm they are 'not a person or entity subject to sanctions or restrictions under applicable EU, Maltese or international financial sanctions regimes, and are not resident in a jurisdiction where the Company is prohibited from providing investment services' (https:// www .gemini .com /legal /gemini-intergalactic-europe-artemis). The manufacturer adds a Regulation S restriction that binds the instrument itself, everywhere: 'dShares™ have not been registered under the US Securities Act, and may not be offered or sold in the United States or to a U.S. person' (https:// docs .dinari .com /docs /restrictions .md). GAP: the specific EU member states are not published on any page that could be loaded — the launch post's 'A full list of jurisdictions where Gemini supports tokenized stocks is available.' points into support.gemini.com, which returned HTTP 403 on 19 August 2026.
Legal entity on file: Gemini, placed in 4 products. Only confirmed entities are shown; nothing is inferred from the brand name.
If something goes wrong with Gemini Tokenized Stocks: where to complain, and where to report a scam
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How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
10 methodology entries
- 29 September 2026Current verified snapshot · methodology 2026.10.18Score 41, #8 of 8. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt tokenised_equities:gemini_tokenized_stocks_tokeq:2026.10.18:89fb55ade437
Are you Gemini Tokenized Stocks? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.