Dinari Tokenizes 724 US Stocks for Domestic Investors via USDC
Key Takeaways
Dinari expands tokenized equity access to US investors with 724 stocks settled in USDC. This move intensifies the RWA sector competition, challenging offshore models and native issuance frameworks as firms race to modernize settlement infrastructure.
Woofun AI reports that Dinari has extended its custodial tokenization model to eligible domestic investors, launching a blockchain-based offering of U.S. equities. The firm announced Tuesday that users can now trade these assets using self-custody wallets and Circle's USDC stablecoin.
The initial launch includes 724 tokenized U.S. stocks, covering every company in the S&P 500. These assets are deployed across Ethereum, Arbitrum, Base, and Avalanche, with support for Solana and Sei expected soon.
Woofun AI data shows the infrastructure relies on Dinari's regulated broker-dealer and transfer agent systems, partnering with Circle, Stripe-owned Privy, Para, and Monaco.
This expansion occurs as tokenized equities become a primary battleground in real-world assets, following the institutional adoption of tokenized U.S. Treasury funds. Citi projects the tokenized securities market could reach $5.5 trillion by 2030. Competing models are emerging: Robinhood (HOOD) and Kraken parent Payward use offshore structures, while Ondo Finance (ONDO) unveiled an SEC-aligned framework for BlackRock's iShares Core S&P 500 ETF (IVV) and Micron (MU) shares, though these remain unavailable to U.S. investors.
Meanwhile, Securitize (SECZ) advocates for native blockchain issuance, listing onchain versions of its NYSE-listed shares.
Dinari differentiates itself through dShares, which are backed one-for-one by underlying shares held by regulated custodians. This structure preserves shareholder rights, including dividends, voting, and corporate actions, while enabling self-custody. Investors can trade via Dinari's app or partner platforms and receive dividends directly in USDC.
The company notes that dShares are already distributed in more than 85 jurisdictions. Tuesday's launch marks a significant shift by extending this offering to eligible U.S. investors, signaling a maturation of domestic tokenized equity markets.
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