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Dinari dShare tokens are not available for sale or redemption in your country. Please see our documentation for more details.

Real stocks, tokenized.

The mechanics behind dShares™

dShares™ are tokenized representations of traditional equities, backed 1:1 by the underlying securities.

Underlying shares of stocks and ETFs are held in custody by a registered US broker-dealer.

Dinari pioneered this custodial model, the same model the SEC now describes in its taxonomy of tokenized securities.

The lifecycle of a dShare™

1

Buy a dShare™

Place an order through a Dinari partner platform. Funds settle in stablecoin or fiat depending on the partner.

2

Dinari acquires the share on your behalf

Dinari Securities, LLC, an SEC-registered FINRA-member broker-dealer, acquires the underlying NMS security in a custodial brokerage account.

3

You receive the dShare™

A 1:1 representative token is minted to your verified wallet. Every token in circulation has a corresponding share locked in custody.

4

You hold it like a stock

Dividends, splits, and other corporate actions are mirrored to your token balance automatically.

5

You exit on your terms

Trade your dShare™ 24/5 on integrated marketplaces, or burn it for direct redemption. The underlying share is liquidated and proceeds return to you in stablecoins.

What you own

When you hold a dShare™, you hold the same economic rights you'd get holding the underlying stock through any traditional broker.

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Cash dividends

Issuer pays a dividend, you receive the equivalent value in stablecoins on the same schedule, paid directly to your wallet.

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Stock splits

A 10-for-1 split mirrors automatically on your dShare™ balance. No action required.

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Direct redemption

Exit any time at the underlying share's current market value. The custodian sells the share and proceeds are return to you.

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Verified backing

Every dShare™ in circulation is backed 1:1 by a real share held in custody, audited regularly by an independent third-party firm.

Same rights. New capabilities.

The underlying share is held in a custodial brokerage account in Dinari's name on the holder's behalf. This is the same structure most brokerage customers operate under today, where shares are held in "street name" by the broker. Economic rights remain with the holder.

Where the assets sit

Custody lives at Alpaca Securities LLC, a FINRA-member broker-dealer (CRD# 288202 / SEC# 8-69928). Every dShare™ in circulation has a corresponding share held in their custodial account.

See the latest reserve breakdown

Independent custody

Underlying assets sit with a third-party custodial broker, separate from Dinari's operating accounts.

Audited reserves

Reserve audits are performed by an independent Big 4 accounting firm to confirm 1:1 backing.

Audited contracts

Smart contracts that issue and govern dShares™ are audited by Hacken and other leading blockchain security firms.

Explore

SNAP
Snap Inc
VEON
VEON Ltd
KYIV
Kyivstar Group Ltd
KTOS
Kratos Defense & Security Solutions
AVAV
AeroVironment Inc
AMTM
Amentum Holdings Inc
MPJPY
Metaplanet Inc
BTGO
BitGo Holdings
SHEL
Shell plc American Depositary Shares
FLD
Fold Holdings Inc.
CORZ
Core Scientific
ASST
Strive
STRD
Strategy Inc. – Series D Preferred Stock
STRC
Strategy Inc. – Series C Preferred Stock
STRF
Strategy Inc. – Series F Preferred Stock
STRK
Strategy Inc. – Series K Preferred Stock
XXI
Twenty One Capital Inc
WBD
Warner Bros Discovery
CEP
Cantor Equity Partners, Inc.
CEPO
Cantor Equity Partners I, Inc
DJT
Trump Media & Technology Group Corp
NAKA
Kindly MD, Inc
SMLR
Semler Scientific, Inc
CCCM
ProCap BTC
CYPH
Cypherpunk Technologies Inc
SPOT
Spotify Technology
MP
MP Materials Corp.
OKLO
Oklo Inc.
RGTI
Rigetti Computing
QBTS
D-Wave Quantum
ABTC
American Bitcoin Corp
OPEN
Opendoor Technologies Inc
BLSH
Bullish
XPEV
XPeng Inc.
WMT
Walmart Inc.
TSM
Taiwan Semiconductor Manufacturing Company Ltd.
TCEHY
Tencent Holding
SHOP
Shopify Inc
PDD
Pinduoduo
NVO
Novo-Nordisk A/S
NIO
NIO Inc.
MAIN
Main Street Capital Corporation
LLY
Eli Lilly & Co.
JD
JD.com
IREN
IREN Limited Ordinary Shares
GOOG
Alphabet Inc. Class C Capital Stock
ETOR
eToro Group Ltd. Class A Common Shares
CSQ
Calamos Strategic Total Return Common Stock
BYD
BYD Company
BRK.B
BERKSHIRE HATHAWAY Class B
BMNR
BitMine Immersion Technologies, Inc.
BABA
Alibaba Group
ASML
ASML Holding N.V. New York Registry Shares
GEMI
Gemini
PLTR
Palantir
FIG
Figma Inc
PH
Parker-Hannifin Corp
TRON
Tron Inc. (formerly SRM Entertainment)
NCPL
Netcapital Inc
APH
Amphenol Corp
HIMS
Hims & Hers Health Inc
QS
Quantumscape Corp
GLXY
Galaxy Digital
SBET
Sharplink Gaming Inc
MRK
Merck & Co Inc
IBM
IBM Common Stock
ABT
Abbott Laboratories
CRM
Salesforce Inc
ABBV
AbbVie Inc
HD
Home Depot Inc
SQ
Square
NVDA
NVIDIA Corporation
DAL
Delta Air Lines, Inc.
CCL
Carnival Corporation
META
Meta Platforms, Inc.
AAPL
Apple Inc.
GOOGL
Alphabet Inc. Class A
RBLX
Roblox Corporation
MSFT
Microsoft Corporation
AMZN
Amazon.com, Inc.
COIN
Coinbase Global, Inc. Class A Common
ARM
Arm Holdings plc ADS
AMD
Advanced Micro Devices, Inc. Common
RIOT
Riot Platforms
RDDT
Reddit, Inc.
UBER
Uber Technologies, Inc.
CSCO
Cisco Systems, Inc. Common Stock (DE)
AVGO
Broadcom Inc. Common Stock
MSTR
MicroStrategy Inc
ADBE
Adobe Inc.
SONY
Sony Group Corporation American Depositary Shares
GRND
Grindr Inc
SNOW
Snowflake Inc.
MARA
MARA Holdings, Inc. Common Stock
HUT
Hut 8 Corp. Common Stock
HOOD
Robinhood Markets, Inc. Class A Common Stock
INTC
Intel Corp
DELL
Dell Technologies Inc
BKNG
Booking Holdings Inc
ORCL
Oracle
KWIN
KraneShares Wahed Alternative Income Index ETF
UMMA
Wahed Dow Jones Islamic World ETF
HLAL
Wahed FTSE USA Shariah ETF
XOP
State Street SPDR S&P Oil & Gas Exposure
KWEB
KraneShares CSI China Internet ETF
REMX
VanEck Rare Earth and Strategic Metals ETF
SPPP
Sprott Physical Platinum and Palladium
CEF
Sprott Physical Gold and Silver Trust
SILJ
Amplify Junior Silver Miners ETF
URNJ
Sprott Funds Trust Sprott Junior Uranium Miners ETF
DAPP
VanEck Digital Transformation ETF
URA
Global X Uranium ETF
VOO
Vanguard S&P 500 ETF
TSLL
Direxion Daily TSLA Bull 2X Shares
TMF
Direxion Daily 20+ Year Treasury Bull 3X Shares
TLT
iShares 20 Year Treasury Bond ETF
SPXU
ProShares UltraPro Short S&P 500
SMH
VanEck Semiconductor ETF
SLV
iShares Silver Trust
NVDL
GraniteShares 2x Long NVDA Daily ETF
NVD
GraniteShares 2x Short NVDA Daily ETF
MSTZ
T-Rex 2X Inverse MSTR Daily Target
IWM
iShares Russell 2000 ETF
ETHU
2x Ether ETF
ETHA
iShares Ethereum Trust ETF
DIVO
Amplify CWP Enhanced Dividend Income ETF
DIA
SPDR Dow Jones Industrial Average E
TSLQ
Tradr 2X Short TSLA Daily ETF
USOY
Tidal Trust II Defiance Oil Enhanced Options Income ETF
YMAX
YieldMax Universe Fund of Option Income ETFs
BOTZ
Global X Robotics and Artificial Intelligence ETF
RBOT.WS
iShares Automation & Robotics UCITS ETF
USFR
WisdomTree Floating Rate Treasury Fund
VWO
Vanguard FTSE Emerging Markets ETF
WGMI
Valkyrie Bitcoin Miners ETF
UFO
Procure Space ETF
SPTE
SP Funds S&P Global Technology ETF
ITA
iShares U.S. Aerospace & Defense ETF
SPWO
SP Funds S&P World (ex-US) ETF
EEM
iShares MSCI Emerging Markets ETF
ARKX
ARK Space Exploration & Innovation ETF
ARKK
ARK Innovation ETF
SOXX
iShares Semiconductor ETF
SRLN
SPDR Blackstone Senior Loan ETF
SPY
SPDR S&P 500 ETF Trust
QQQ
Invesco QQQ Trust, Series 1
MAGS
Roundhill Magnificent Seven ETF
IBIT
iShares Bitcoin Trust
GBTC
Grayscale Bitcoin Trust
EZBC
Franklin Bitcoin ETF
FBTC
Wise Origin Bitcoin Trust by Fidelity
DEFI
Hashdex Bitcoin Futures ETF
BTCW
WisdomTree Bitcoin Trust
BTCO
Invesco Galaxy Bitcoin ETF
BITB
Bitwise Bitcoin ETP
BRRR
Valkyrie Bitcoin Fund
ARKB
Ark/21 Shares Bitcoin Trust
HODL
VanEck Bitcoin Trust
ETHE
Grayscale Ethereum Trust (ETH)
SLX
VanEck Steel ETF
WOOD
iShares Global Timber & Forestry ETF
WEAT
Teucrium Wheat Fund
PHO
Invesco Water Resources ETF
IAU
iShares Gold Trust
SIVR
abrdn Physical Silver Shares ETF
PALL
abrdn Physical Palladium Shares ETF
PPLT
abrdn Physical Platinum Shares ETF
GLD
SPDR Gold Trust, SPDR Gold Shares
USO
United States Oil Fund LP
USHY
iShares Broad USD High Yield Corporate Bond ETF
HYMB
SPDR Nuveen Bloomberg High Yield Municipal Bond ETF
BOXX
Alpha Architect 1-3 Month Box ETF
JAAA
Janus Henderson AAA CLO ETF
JBBB
Janus Henderson B-BBB CLO ETF
BITX
2x Bitcoin Strategy ETF
MSTY
YieldMax MSTR Option Income Strategy ETF
ULTY
YieldMax Ultra Option Income Strategy ETF
SH
ProShares Short S&P500
SPUS
SP Funds S&P 500 Sharia ETF
SPSK
SP Funds Dow Jones Global Sukuk ETF
SPRE
SP Funds S&P Global REIT Sharia ETF
YANG
Direxion Daily FTSE China Bear 3X Shares
SOXL
Direxion Daily Semiconductor Bull 3X Shares
VXX
iPath Series B S&P 500 VIX Short-Term Futures ETN
TQQQ
ProShares UltraPro QQQ
MSTU
T-Rex 2X Long MSTR Daily Target ETF
SOXS
Direxion Daily Semiconductor Bear 3x Shares
SQQQ
ProShares UltraPro Short QQQ
YINN
Direxion Daily FTSE China Bull 3X Shares
TNA
Direxion Daily Small Cap Bull 3X Shares
VYM
Vanguard High Dividend Yield Index ETF
VIG
Vanguard Dividend Appreciation ETF
SVOL
Simplify Volatility Premium ETF
ARCC
Ares Capital Corporation
OBDC
Blue Owl Capital Corp.
BXSL
Blackstone Secured Lending Fund
MAIN
Main Street Capital Corp.
FSK
FS KKR Capital Corp.
GBDC
Golub Capital BDC, Inc.
HTGC
Hercules Capital, Inc.
TSLX
Sixth Street Specialty Lending
MSDL
Morgan Stanley Direct Lending Fund
PSEC
Prospect Capital Corporation
GSBD
Goldman Sachs BDC Inc
CSWC
Capital Southwest Corp.
OCSL
Oaktree Specialty Lending Corp
MFIC
MidCap Financial Investment Corp
TRIN
Trinity Capital Inc.
NMFC
New Mountain Finance Corp.
KBDC
Kayne Anderson BDC Inc
BBDC
Barings BDC Inc
CGBD
Carlyle Secured Lending, Inc.
BCSF
Bain Capital Specialty Finance Inc
PLD
Prologis Inc
NLY
Annaly Capital Management

Built-in Compliance

Compliance for dShares™ is enforced at the token level. Every dShare™ carries embedded transfer logic, so non-compliant transfers fail by design. dShares™ allows users to access US equities while giving integrators total control over distribution.

KYC gating

Wallets must clear KYC/KYB verification before interacting with dSharesTM.

Geographic restrictions

Hard-coded jurisdictional logic blocks transfers to restricted regions.

Accreditation checks

Where legally required, accredited investor verification is enforced at the contract level.

AML monitoring

Continuous monitoring across the network flags and blocks suspicious activity.

Where dShares™ work

International

dShares™ align with localized regulatory frameworks in 85+ jurisdictions across:

  • Europe: distributed under MiFID II
  • Hong Kong: treated as a standard security
  • Latin America: distributed under digital payments licenses

Download our diligence packet

Two ways to use dShares™

Buy dShares™

dShares™ are available today across a growing network of partner platforms.

Find a partner near you

Offer dShares™

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Become a Partner