Key Highlights
- Dinari launched tokenized U.S. stocks, allowing investors to buy and sell more than 700 stocks, including the S&P 500, using USDC and self-custody wallets.
- Its dShares tokens are backed by real stocks held in qualified custody, giving investors access to features like dividends and voting rights.
- The launch highlights growing interest in tokenizing traditional assets, with major companies exploring blockchain-based financial products.
Dinari, a fintech firm building blockchain infrastructure for tokenized securities, has launched a new way for eligible U.S. investors and businesses to buy and sell tokenized U.S. stocks using USDC through self-custody wallets.
According to an official release, the company has partnered with Circle to make more than 700 tokenized stocks, including the full S&P 500, available across supported blockchain networks.
The launch aims to combine blockchain-based digital assets with traditional equity markets by enabling investors to use self-custody wallets and the USDC stablecoin to trade tokenized versions of U.S. stocks without relying solely on traditional brokerage platforms.
How tokenized stocks and dShares work
The launch introduces Dinari’s tokenized equities, known as dShares. Dinari said each dShare is backed by a real stock held through qualified custody, meaning every token is linked to an actual underlying security instead of only following the price of a stock.
According to the company, the structure is designed to keep important parts of traditional stock ownership, including dividends, voting rights, corporate actions, and ownership of the backing asset.
Dinari CEO and co-founder Gabriel Otte said the launch brings together two financial systems that have usually operated separately. “For decades, investing and digital assets have existed in separate financial systems,” Otte said. “This launch brings them together, allowing investors to move seamlessly between stablecoins and U.S. equities while preserving the protections of traditional capital markets.”
Eligible U.S. investors can access tokenized versions of companies listed in the S&P 500 through the Dinari Trading App and its launch partners. The platform currently supports several blockchain networks, including Avalanche, Arbitrum, Base, and Ethereum Mainnet.
Dinari also introduced USDC dividend support, allowing eligible investors to receive dividend payments directly in USDC. The company said this feature allows investors to keep their funds onchain and potentially use them across other supported financial applications.
Asset tokenization gains momentum
The launch comes as both traditional financial institutions and crypto firms continue exploring the tokenization of real-world assets.
A day ago, BlackRock expanded its blockchain activities through tokenized money market products, while companies such as JPMorgan and Goldman Sachs continue developing blockchain-based financial solutions.
The Depository Trust & Clearing Corporation (DTCC) also recently completed production trades involving tokenized securities, including stocks and U.S. Treasuries. The trial involved more than 30 companies, including BlackRock, Circle, Goldman Sachs, JPMorgan, and Nasdaq.
Challenges still lie ahead
Despite growing adoption, the market for tokenized securities remains in its early stages. Dinari warned that regulations around digital assets and tokenized securities are changing and could affect how these products operate in the future.
The company also said tokenized markets may have limited liquidity, which could make it harder for investors to sell assets at their preferred price or time. Dinari said the launch builds on its previous work in tokenized equities. The company has already distributed dShares through fintech companies, exchanges, neobanks, and Web3 platforms across more than 85 jurisdictions.
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