Dinari has opened tokenized trading on every S&P 500 stock to eligible U.S. investors, letting them hold blockchain-based shares backed one-to-one by the underlying securities. The rollout pairs Dinari's platform with Circle's USDC, giving holders voting rights and dividends without a traditional brokerage account.
Dinari has opened tokenized trading on the entire S&P 500 to eligible U.S. investors, letting them buy and sell blockchain-based shares through self-custody wallets funded with USDC instead of a conventional brokerage account. Each tokenized security, branded a dShare, is backed one-to-one by an underlying stock held in regulated custody, and holders keep rights tied to the shares, including voting rights and cash dividends paid in native USDC.
Dinari replaces brokerage access with tokenized shares
Because transfers settle on blockchain infrastructure instead of following the standard market cycle, trades can close almost instantly, and portfolios can move between supported platforms rather than staying tied to one brokerage. Dinari said its tokenization platform already runs in 85 jurisdictions and supports 6,139 active tokenized assets outside the new U.S. rollout.
A stablecoin bridge to the equities market
Dinari said the launch combines tokenized equities with stablecoin payments through a partnership with Circle, linking a stablecoin market worth roughly $300 billion to a U.S. equities market worth more than $60 trillion. According to Fortune, the wallet-first design lets users fund accounts with USDC rather than relying on traditional brokerage infrastructure. Circle declined to comment, citing a quiet period ahead of its earnings report.
Competition builds in tokenized equities
Competition in tokenized equities continues to increase. A recent a16z crypto report found the market value of tokenized stocks climbed about 600% to nearly $1.7 billion by the end of June.
Robinhood has rolled out tokenized stock products for eligible European users, while Coinbase and Base say they are building one-to-one-backed tokenized equities of their own. Fortune reported that rivals such as Securitize and Figure have largely concentrated on private or specialized assets. Dinari co-founder and chief executive Gabriel Otte said his company differs by making publicly traded U.S. stocks available through tokenized securities.
Elsewhere in the S&P 500, the index rose 1.19% to 7,691.01, with momentum stocks leading the gains. After the iShares Semiconductor ETF fell more than 20% in July, investors piled back into the year's most popular trades. Sandisk rose more than 7% and Marvell Technology popped nearly 12% on Tuesday, among the S&P 500's best performers in early trading.
Sources: crypto.news, Barron's
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