Dinari Launches Tokenized U.S. Stocks for American Investors Amid Rising Competition

Dinari is launching its platform for tokenizing U.S. equities, allowing eligible American investors to buy and sell 724 tokenized stocks, including all S&P 500 companies. The platform will utilize Circle's USDC stablecoin and operate through self-custody wallets. The tokenized stocks will be supported on Ethereum, Arbitrum, Base, and Avalanche networks, with plans to add Solana and Sei soon.

Dinari's initiative is backed by its regulated broker-dealer and transfer agent framework, in partnership with Circle, Privy (a Stripe subsidiary), Para, and Monaco. This move comes as the tokenized equity market gains traction, especially following the success of tokenized U.S. Treasury funds. Financial analysts predict the market for tokenized securities could reach $5.5 trillion by 2030.

New Competitors in the Tokenization Market

The tokenization landscape is becoming increasingly competitive, with firms like Robinhood and Kraken's parent company Payward expanding their offerings abroad through offshore structures. Ondo Finance has introduced an SEC-compliant tokenization framework, backed by assets from BlackRock's iShares Core S&P 500 ETF and Micron shares, although these options are not yet accessible to U.S. investors.

Securitize is pushing for a model where public companies can issue securities directly on blockchain platforms, planning to offer on-chain versions of its NYSE-listed stocks during its public debut. Dinari aims to be a flexible option in this sector, with its dShares fully backed by shares managed by regulated custodians. This structure is designed to safeguard shareholder rights while enabling self-custody and trading in USDC.

Investors can access these tokenized stocks through Dinari's application and partner platforms, with dividends payable directly in USDC. The company has already rolled out its dShares in over 85 jurisdictions, now expanding its offerings to U.S. investors.