Gemini, a cryptocurrency platform, has announced that it will implement a zero-fee policy for tokenized stock trading for users in the European Union region starting today. The first batch of listed assets includes over 30 US stocks such as Nike, McDonald's, Tesla, Apple, Amazon, and NVIDIA, as well as the S&P 500 ETF. All tokens are issued on the Arbitrum chain and are pegged to physical stocks at a 1:1 ratio, supporting 24-hour fragmented trading.

The official stated that the zero-fee policy aims to lower the barriers to cross-border investment, allowing users to directly buy and sell tokenized stocks using euros or stablecoins without needing a U.S. brokerage account. At the same time, users can manage their cryptocurrency assets and equity positions within the same wallet. Gemini plans to expand to the Asia-Pacific market next month and add more ETFs and Hong Kong stock tokens. The zero-fee measure is not time-limited, but each transaction still requires a blockchain miner fee. The platform will generate revenue through market-making spreads.