Gemini Space Station Tokenized Stock (Ondo) PriceGEMION

What is Gemini Space Station Tokenized Stock (Ondo) (GEMION)?

Gemini Space Station Tokenized Stock (Ondo) (GEMION) is a tokenized real-world asset (RWA) issued through Ondo Global Markets that provides economic exposure to shares of Gemini Space Station, Inc. (NASDAQ: GEMI). Each GEMION token is backed 1:1 with the underlying GEMI stock, allowing non-U.S. investors to gain exposure to the equity without directly holding shares on a traditional brokerage. The token is available natively on Ethereum, Solana, and BNB Chain, using ERC-20 and token-2022 standards respectively. Circulating supply figures reported across trackers range from approximately 629.63 to 635 GEMIon, and market capitalization is small and varies by data source. The asset launched on July 31, 2025, and remains in an early stage of adoption, with 107 holders reported on-chain (RWA.xyz) as of a point-in-time snapshot.

Key Specifications & Tokenomics

• Name: Gemini Space Station Tokenized Stock (Ondo)
• Ticker / Symbol: GEMION (also written as GEMIon)
• Asset Type: Tokenized real-world asset (RWA) — tokenized U.S. common stock
• Underlying Asset: Gemini Space Station, Inc. (NASDAQ: GEMI) — U.S.-listed common stock
• Issuer: Ondo Global Markets (BVI) Limited, domiciled in the British Virgin Islands
• Blockchains: Ethereum (native), Solana (native), BNB Chain (native)
• Token Standards: ERC-20 (Ethereum, BNB Chain), token-2022 (Solana)
• Inception Date: July 31, 2025
• Management Fees: 0%
• Performance Fees: 0%
• Subscription / Redemption Fees: 0%
• Primary Market Base Asset: USDC
• Eligible Investors: Non-U.S. investors
• Regulatory Framework: U.S. Securities Act Reg. S Exemption
• Custodian: Alpaca Securities LLC
• Crypto Custodian: BitGo
• Auditor: BPM UK Audit Ltd
• Domicile: British Virgin Islands
• Total Supply (reported): 672 GEMIon (CoinMarketCap static data, point-in-time snapshot)
• Circulating Supply (reported): Approximately 629.63 to 635 GEMIon across trackers
• Max Supply: Unlimited. As a tokenized stock, its token supply expands or contracts dynamically based on real-time minting and redemption demand via Ondo Global Markets.
• Use of Income: Accumulates
• Dividends: GEMIon currently pays no dividends
• Contract Address (Ethereum): 0xb51db25c920c16f2865c37011c3eec91db946b07
• Contract Address (BNB Chain): 0x817942d5de16092656568e9f67f54ccb462f8989
• Contract Address (Solana): NrTdGMA3ujUvWXkwXyZKnhoByb32KTjRh5Vo47yondo

Who created Gemini Space Station Tokenized Stock (Ondo) (GEMION)?

GEMION is issued by Ondo Global Markets, the tokenization arm of the Ondo ecosystem. Ondo Global Markets is the tokenization platform behind GEMIon, offering tokenized U.S. stocks and ETFs to non-U.S. investors. The underlying asset, Gemini Space Station, Inc., operates the Gemini cryptocurrency platform, offering trading, custody, Gemini ActiveTrader, Gemini Derivatives, Gemini Prediction, and the Gemini Credit Card. The company was founded by the Winklevoss twins. The tokenized product itself is issued under a U.S. Securities Act Regulation S exemption, with Alpaca Securities serving as the traditional broker, custodian, and transfer agent, and BitGo acting as crypto custodian. Detailed public information about the specific individuals managing the Ondo tokenized stock program is currently limited.

How does Gemini Space Station Tokenized Stock (Ondo) (GEMION) work?

GEMION operates as a tokenized representation of Gemini Space Station (NASDAQ: GEMI) shares. Ondo Global Markets mints tokens 1:1 against the underlying stock held by Alpaca Securities as custodian. The token is designed to give onchain economic exposure to Gemini Space Station, Inc. through a regulated bankruptcy-remote special purpose vehicle. GEMIon is issued through a regulated bankruptcy-remote special purpose vehicle that is separate from the Ondo Finance tokenizer. Non-U.S. investors can mint GEMION by depositing USDC during subscription windows. Subscription and redemption are available 24 hours a day, five days a week, with instant processing and zero fees. Peer-to-peer transfers of GEMION are available 24/7, including weekends and holidays, enabling continuous global transferability. The token tracks the price of GEMI stock directly through smart contracts, and holders can sell tokens for their underlying value.

What makes Gemini Space Station Tokenized Stock (Ondo) (GEMION) unique and valuable?

GEMION's primary value proposition lies in democratizing access to U.S. equity markets for non-U.S. investors who may otherwise face barriers to opening brokerage accounts or trading on American exchanges. By tokenizing Gemini Space Station stock, Ondo enables fractional ownership and 24/5 trading with instant minting and redemption. The token's DeFi composability distinguishes it from traditional stock ownership. Zero management, performance, subscription, and redemption fees further enhance its appeal. The multi-chain deployment across Ethereum, Solana, and BNB Chain provides flexibility and accessibility across major blockchain ecosystems. However, the asset remains in an early adoption phase with limited liquidity and a small holder base, which are important considerations for potential investors.

What is Gemini Space Station Tokenized Stock (Ondo) (GEMION) used for?

GEMION is primarily used to gain economic exposure to Gemini Space Station (NASDAQ: GEMI) stock without directly holding shares through a traditional brokerage. GEMIon can be bought, sold, swapped, and used in prediction markets and perpetual futures on MetaMask, and can be staked via MetaMask's staking feature. The token can be transferred peer-to-peer globally at any time, including weekends and holidays. Additionally, GEMION serves as a conversion pair against other assets such as SAFE, NOM, and various fiat currencies including AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW on platforms that support these pairs.

How Is the Gemini Space Station Tokenized Stock (Ondo) (GEMION) ecosystem developing?

The GEMION ecosystem is part of the broader Ondo Stocks Ecosystem, which includes tokenized versions of major equities and ETFs such as Alphabet Class A, Tesla, AMD, Circle Internet Group, and various iShares and Invesco funds. Ondo Global Markets positions itself as a leading platform in the tokenized RWA space. GEMION is listed across multiple data trackers and platforms including CoinMarketCap, CoinGecko, MetaMask, Crypto.com, and RWA.xyz. On-chain metrics show 107 holders, 49 trailing 30-day active addresses, and 103 monthly transfers (RWA.xyz), as of a point-in-time snapshot. The token's multi-chain presence across Ethereum, Solana, and BNB Chain aligns with the broader trend of RWA tokenization in the cryptocurrency industry.

How to mine Gemini Space Station Tokenized Stock (Ondo) (GEMION)?

GEMION cannot be mined, as it is not a proof-of-work cryptocurrency. Instead, tokens are minted by Ondo Global Markets against underlying Gemini Space Station shares held in custody. Non-U.S. investors can acquire GEMION by depositing USDC through the primary market subscription process, which is available 24 hours a day, five days a week. The subscription process is instant with zero fees. Alternatively, users can purchase GEMION on secondary markets or decentralized exchanges where the token is available for swapping. There is no staking mechanism native to GEMION itself. Holding GEMION does not provide voting rights or dividends directly, but the token is structured to provide economic exposure similar to holding GEMI and reinvesting any dividends.

How to keep your Gemini Space Station Tokenized Stock (Ondo) (GEMION) safe?

Securing GEMION requires standard cryptocurrency safety practices. Store tokens in a reputable self-custody wallet that supports ERC-20, token-2022, or BNB Chain standards depending on which network you use. MetaMask is a commonly referenced wallet for holding and swapping GEMION. Always verify contract addresses before interacting with any token, and be aware that GEMION exists on multiple chains with different contract addresses. Use hardware wallets for significant holdings to protect against online threats. Never share your seed phrase or private keys with anyone. Be cautious of phishing attempts and fake tokens mimicking GEMION. Since the token is issued under a Regulation S exemption and is available only to non-U.S. investors, ensure you comply with your local regulations. The underlying asset is custodied by Alpaca Securities with BitGo as crypto custodian, providing institutional-grade backing for the tokenized product.

Investing in GEMION carries risks. The token's price can fluctuate with the market and may differ from the underlying stock price. Regulatory policies affecting tokenized securities may change and could impact availability or transferability. Smart contract and blockchain infrastructure also carry technical risks, including bugs or exploits. These factors should be weighed carefully before participating.