For the first time, eligible U.S. investors can buy and sell tokenized U.S. equities in self-custody wallets using USDC, while broker-dealers and other financial institutions can integrate tokenized U.S. equities into their own offerings through a single technology integration.
Today, Dinari announced the launch of the first platform making 724 tokenized U.S. stocks available to both eligible U.S. investors and businesses in the United States. Through a partnership with Circle, eligible investors can purchase tokenized U.S. equities using USDC from self-custody wallets. At the same time, broker-dealers can license Dinari's API-based operating infrastructure to provide seamless customer access to tokenized U.S. equities.
Together, these launches expand access to tokenized U.S. equities across both investors and the financial institutions that serve them.
U.S. equities represent more than $75 trillion in market capitalization and remain the foundation of global capital markets. At the same time, the stablecoin market has grown to more than $307 billion, becoming the preferred way to move value across digital markets.
Dinari connects these two markets by enabling eligible investors to purchase tokenized U.S. equities using USDC through self-custody wallets. The result is a more seamless connection between digital dollars and U.S. capital markets while preserving the protections associated with traditional securities.
At launch, eligible investors can access the entire S&P 500® as dShares™, tokenized U.S. equities backed by corresponding underlying securities held in qualified custody.
dShares™ are designed to preserve the rights and protections associated with traditional stock ownership, including NBBO execution, voting rights, cash dividends, corporate actions, ownership of the backing security
The launch also introduces native USDC dividend support, enabling eligible investors to receive dividend proceeds directly in USDC and keep capital onchain for faster reinvestment across supported financial applications.
Alongside investor access, Dinari is expanding its platform to financial institutions.
Broker-dealers, banks, fintechs, wealth platforms, and other financial institutions can license Dinari's API-based operating infrastructure to offer tokenized U.S. equities to their own customers through a single technology integration.
Rather than building brokerage, custody, settlement, tokenization, and blockchain infrastructure independently, firms can integrate tokenized securities into their existing offerings through Dinari's platform.
As demand for tokenized securities continues to grow, this approach provides financial institutions with a regulated path to participate while continuing to operate within existing business and regulatory frameworks.
The U.S. launch builds on Dinari's existing global footprint, where dShares™ are already distributed through fintechs, exchanges, neobanks, and web3-native platforms serving investors across more than 85 jurisdictions.
Eligible U.S. investors can access dShares™ today through the Dinari Trading App and launch partners including Monaco, Eldora, Kredete, Yield.xyz, Liminal, Para, Privy, and Axal.
Dinari currently supports Ethereum, Avalanche, Arbitrum, Base, and will expand to Sei and Solana.
Tokenization introduces capabilities that traditional market infrastructure cannot easily support, including programmable ownership and interoperability across financial platforms.
Over time, this foundation can support additional capabilities such as continuous (24/7) trading, T+0 settlement, collateralized lending and margin, automated portfolio management, and other programmable financial services, subject to applicable regulatory requirements, product development, and implementation.
Dinari will continue working with market infrastructure providers and financial institutions to expand access to tokenized U.S. equities and bring additional capabilities to investors over time.
Important Disclosures:
This release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, nor a recommendation of any security or investment strategy. Any offer or sale of dShares is made only through, and subject to, the applicable offering and customer documentation, which should be read carefully before investing. Products and services are available only to eligible investors, are subject to eligibility, onboarding, and jurisdictional requirements, and may not be available to all persons or in all locations.
Third parties named in this release, including Circle and the named launch and infrastructure partners, are independent and are not affiliated with Dinari Inc. or Dinari Securities LLC. Their inclusion does not constitute or imply any endorsement, sponsorship, or recommendation, and product and company names are the property of their respective owners.
Tokenized securities and “dShares” are securities and are subject to the U.S. federal securities laws and applicable regulatory requirements. Investing in tokenized securities involves significant risk, including possible loss of the entire amount invested. These risks include, among others:
Novel and evolving technology. Tokenized securities depend on blockchain networks, smart contracts, and digital-asset custody arrangements that are new, rapidly changing, and may contain errors or vulnerabilities. Loss, theft, or compromise of private keys or credentials, network outages, forks, and cybersecurity events could result in partial or total loss.
Regulatory uncertainty. The legal and regulatory treatment of tokenized securities and digital assets continues to develop and may change, which could affect their availability, value, transferability, or the operation of the platform.
Liquidity and valuation. Markets for tokenized securities may be limited; holders may be unable to sell at a desired time or price, prices may be volatile, and the value of a token may differ from the value of the underlying security.
Settlement and operational risk. Transfer, settlement, and corporate-action processing rely on multiple intermediaries and infrastructure providers; delays, errors, or failures may occur.
Tokenized securities are not bank deposits, are not FDIC insured, are not guaranteed by any bank, and may lose value. Although Dinari Securities LLC is a member of SIPC, dShares are not held by Dinari Securities LLC and are not protected by SIPC. SIPC protection covers securities and cash held by a member broker-dealer for its customers if that broker-dealer fails, and does not protect against loss in market value; it does not apply to assets, including dShares, that the member broker-dealer does not hold. Availability of products and services is subject to eligibility requirements and may be restricted in certain jurisdictions. Statements regarding future events, plans, or expectations are forward-looking and involve risks and uncertainties; actual results may differ materially. Nothing in this communication is a promise, projection, or guarantee of any future outcome or performance.
