How Meru Expanded Its Wealth Platform With Tokenized U.S. Equities

Overview

Meru is a digital financial platform serving freelancers, remote workers, expats, and globally connected users across Latin America. Through a single mobile app, customers can receive international payments, hold digital dollars, invest in thousands of digital assets, and earn yield.

As customer expectations evolved, Meru saw an opportunity to expand beyond digital assets and give users access to one of the world's most important asset classes: U.S. public equities.

Rather than building traditional brokerage infrastructure from the ground up, Meru partnered with Dinari to bring tokenized U.S. equities directly into its existing platform.

The result is a more comprehensive wealth experience that allows customers to manage cash, crypto, and regulated U.S. equities in one place.

The Opportunity

For many customers across Latin America, financial lives already span borders. They earn income from international clients, save in U.S. dollars, invest in digital assets, and increasingly look to U.S. public markets to diversify and build long-term wealth.

Historically, accessing those markets has often meant navigating fragmented financial systems, opening separate brokerage accounts, managing cross-border banking relationships, and meeting investment minimums that create unnecessary friction.

Meru recognized an opportunity to simplify that experience.

Instead of sending customers to another platform, the team wanted investing in U.S. equities to feel like a natural extension of the financial products customers already relied on every day.

The Solution

Meru integrated Dinari's dShares™ to offer tokenized U.S. equities directly within its existing application.

Built on Dinari's custodial model of tokenization, each dShare™ is backed 1:1 by a corresponding U.S. security held through regulated custody. This approach preserves key investor protections, including cash dividends, corporate actions, redemption rights, and a protected claim to the backing security, while unlocking the speed and accessibility of blockchain infrastructure.

Through a single API integration, Dinari manages the underlying brokerage infrastructure, including custody, compliance, settlement, corporate actions, dividend processing, and order routing. This allows Meru to focus on what it does best: delivering an intuitive customer experience while expanding its investment offering.

Instead of investing significant time and resources building brokerage capabilities internally, Meru was able to launch regulated tokenized U.S. equities through existing infrastructure.

The Impact

The partnership quickly demonstrated strong demand for tokenized U.S. equities.

Since launch, Meru customers have generated more than $4.4 million in trading volume across 26,392 orders, trading 248 tokenized U.S. equities from 44 countries.

Customer activity reflects strong interest in some of the world's most recognized companies. NVIDIA has consistently been the most traded asset by volume, followed by other leading technology companies and high-growth names. The launch of tokenized SpaceX also drove significant customer interest, quickly becoming one of the platform's most actively traded assets.

The breadth of trading activity demonstrates that customers are not simply experimenting with tokenized equities. They are building diversified portfolios across a wide range of sectors and investment strategies using fractional, blockchain-native access to U.S. markets.

Expanding Access Across Borders

One of the clearest outcomes of the partnership has been its global reach.

Customers from 44 countries have accessed tokenized U.S. equities through Meru, with particularly strong participation across Bolivia, Spain, Paraguay, Colombia, Italy, Argentina, Mexico, and Brazil.

The geographic distribution demonstrates how tokenized financial infrastructure can expand access to U.S. capital markets in regions where traditional brokerage services have historically been difficult, expensive, or unavailable.

For many customers, tokenized equities represent a more accessible path to investing in globally recognized companies while remaining within the financial platform they already use to manage their money.

Why It Matters

For Meru, adding tokenized U.S. equities transformed the platform from a destination for digital assets into a more comprehensive wealth platform.

Customers can now hold digital dollars, invest in crypto, earn yield, and access U.S. public markets through a single, integrated experience.

For Dinari, the partnership demonstrates how fintechs, wallets, neobanks, and digital financial platforms can expand into regulated U.S. equities without building brokerage infrastructure from scratch. Through a single integration, partners gain access to custody, compliance, settlement, tokenization infrastructure, and lifecycle management, dramatically reducing the complexity of bringing U.S. equities to market.

Together, Meru and Dinari demonstrate how tokenization is helping modernize access to traditional financial markets. Rather than replacing existing market infrastructure, the partnership shows how blockchain technology can make regulated U.S. equities more accessible while preserving the protections investors expect.

Looking Ahead

Demand for digital wealth platforms continues to grow, and customer expectations continue to evolve alongside it.

Increasingly, users expect a single platform where they can save, invest, and build wealth across both traditional and digital assets.

By partnering with Dinari, Meru has shown how fintechs can broaden their product offerings without taking on the complexity of building brokerage infrastructure themselves. As tokenized equities continue moving toward mainstream adoption, partnerships like this offer a blueprint for how financial platforms can expand access to global capital markets while delivering a simpler, more connected customer experience.

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