Tokenized equities firm Dinari is bringing its blockchain-based U.S. stock offering to eligible domestic investors, expanding its tokenization model into the U.S. market after working through the regulatory plumbing needed to let investors buy shares with stablecoins.
The company said Tuesday that investors can buy and sell 724 tokenized U.S. stocks, including every company in the S&P 500, using Circle’s USDC stablecoin through self-custody wallets. Dinari’s stock tokens, dubbed dShares, are available on Ethereum, Arbitrum, Base and Avalanche blockchains, with support for Solana and Sei coming “soon,” the firm said.
The offering runs through Dinari’s regulated broker-dealer and transfer agent infrastructure and launches with partners including Circle (CRCL), Stripe-owned Privy, Para and Monaco.
The move comes as tokenized equities emerge as the next battleground in real-world assets. After tokenized U.S. Treasury funds became the first major institutional use case, firms are increasingly turning to public equities, betting blockchain technology can modernize trading, settlement and shareholder recordkeeping. Citi projects tokenized securities could grow into a $5.5 trillion market by 2030.
Dinari, based in San Mateo, California and led by Gabe Otte, a former Apple engineer and CEO of biotech startup Freenome, aims to offer infrastructure for fintechs, wallets and broker-dealers to offer tokenized shares to their own customers, rather building a large retail brokerage than becoming. It remains one of the smaller players in the sector, with about $10 million in tokenized stocks in a $2.2 billion market, according to RWA.xyz.
Leave a comment