Icelandic investors have typically accessed US shares through Nasdaq Iceland-listed instruments, foreign brokers, or European neobrokers that add krona conversion, custody thresholds, and paperwork. Tokenized stocks deliver direct 1:1 exposure to the actual US share, self-custodied, from about $1.
Know before you fund
What Iceland investors should know
Funding
Because Iceland uses the krona rather than the euro, a resident would generally convert ISK into USDC on a locally-licensed exchange and withdraw the stablecoins to a self-custody wallet. Those USDC then fund tokenized-stock purchases.
Currency & FX
Iceland's currency is the krona (ISK), while GM Markets settles in USD stablecoins, so an investor here holds ISK/USD exchange-rate risk alongside the stock's own performance.
Local market
Nasdaq Iceland is the primary local venue and runs during standard Icelandic hours. Tokenized stocks settle 24/5 on-chain, allowing exposure well beyond those hours.
Tax
Iceland may tax investment gains, and tokenized securities can be treated differently from shares held directly. Since such rules change over time, verify your position with a qualified Icelandic tax adviser.
Yes. Through tokenized stocks on GM Markets, investors in Iceland can buy US stocks and ETFs backed 1:1 by real shares, funded with stablecoins, from $1, without a US brokerage account.
Because Iceland uses the krona rather than the euro, a resident would generally convert ISK into USDC on a locally-licensed exchange and withdraw the stablecoins to a self-custody wallet. Those USDC then fund tokenized-stock purchases.
Iceland's currency is the krona (ISK), while GM Markets settles in USD stablecoins, so an investor here holds ISK/USD exchange-rate risk alongside the stock's own performance.
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
