Italian savers have generally accessed US shares via home banking platforms, Borsa Italiana-linked intermediaries, or neobrokers, often paying a currency conversion spread and, with some banks, a custody or bollo-linked cost. With tokenized stocks the model is simpler: direct 1:1 exposure to the real US share, self-custodied, from about $1.
Know before you fund
What Italy investors should know
Funding
A typical approach in Italy is a SEPA bank transfer to a regulated euro on-ramp, converting euros to USDC and sending it to a self-custody wallet, no US account in the picture.
Currency & FX
Italy's currency is the euro (EUR). Because settlement on GM Markets is in US-dollar stablecoins, a euro investor holds EUR/USD exposure alongside the stock: a stronger dollar adds to euro returns, while a weaker one erodes them.
Local market
Borsa Italiana in Milan is the country's main exchange; tokenized US stocks, however, trade 24/5 on-chain, outside local exchange hours and settlement windows.
Tax
Investment gains may be taxable in Italy, and the tax treatment of tokenized securities can differ from that of directly-held shares. Since these rules evolve, verify your position with a qualified Italian tax adviser.
Yes. Through tokenized stocks on GM Markets, investors in Italy can buy US stocks and ETFs backed 1:1 by real shares, funded with stablecoins, from $1, without a US brokerage account.
A typical approach in Italy is a SEPA bank transfer to a regulated euro on-ramp, converting euros to USDC and sending it to a self-custody wallet, no US account in the picture.
Italy's currency is the euro (EUR). Because settlement on GM Markets is in US-dollar stablecoins, a euro investor holds EUR/USD exposure alongside the stock: a stronger dollar adds to euro returns, while a weaker one erodes them.
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.
