#CryptoStocks

Gemini

When we talk about "Crypto Stocks", we usually refer to two main concepts:

Stocks of companies related to cryptocurrencies (Crypto Stocks in a broad sense): This refers to the stocks of companies that operate in the cryptocurrency space, but are traditional companies listed on stock exchanges. They are not cryptocurrencies themselves, but their business is closely tied to them. Examples of such companies include:

Cryptocurrency miners: Companies that are engaged in the mining of Bitcoin or other cryptocurrencies (e.g., Marathon Digital Holdings, Riot Platforms).

Cryptocurrency exchanges: Platforms that allow the buying and selling of cryptocurrencies (e.g., Coinbase).

Companies with large crypto holdings: Companies that have Bitcoin or other cryptocurrencies on their balance sheets as part of their treasury strategy (e.g., MicroStrategy).

Blockchain technology providers: Companies that develop software or hardware for the underlying blockchain technology.

Bitcoin/Crypto ETFs: Although they are not stocks of a company directly, they are exchange-traded funds that invest in cryptocurrencies or in companies related to them, making them accessible through a traditional brokerage account.

Tokenized stock cryptocurrencies (Tokenized Stocks): This is a more novel and less commonly used concept. It refers to cryptocurrencies that represent ownership of a traditional stock. For example, a "token" that represents a share of Apple or Tesla.

Features of tokenized stocks:

Blockchain-based: They use blockchain technology to record ownership.

24/7 trading: They can potentially be traded at any time, unlike traditional market hours.

Fractionality: One could buy a fraction of a share, making it easier to invest in high-priced stocks.

Global access: They could allow people from different countries to access stock markets that they otherwise could not.