Dinari launches 724 tokenized US stocks for US investors via USDC, expanding the tokenized equity race. The offering uses self-custody wallets and preserves shareholder rights.
Tokenized equities firm Dinari said Tuesday that eligible U.S. investors can now buy and sell 724 tokenized U.S. stocks using Circle's USDC stablecoin through self-custody wallets. The stock tokens cover every company in the S&P 500 and are available across Ethereum, Arbitrum, Base and Avalanche, with support for Solana and Sei coming "soon," the company said.
The offering runs through Dinari's regulated broker-dealer and transfer agent infrastructure. Partners include Circle (CRCL), Stripe-owned Privy, Para and Monaco.
The launch lands as tokenized equities become the next battleground in real-world assets. After tokenized U.S. Treasury funds became the first major institutional use case, firms are 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.
The space is splitting into competing models. Robinhood (HOOD) and Kraken parent Payward have expanded tokenized stock offerings outside the U.S. using offshore structures that mirror publicly traded shares. Last month, Ondo Finance unveiled an SEC-aligned framework for tokenized stocks backed by BlackRock's iShares Core S&P 500 ETF (IVV) and Micron (MU) shares, though those products are not yet available to U.S. investors. Securitize has argued that public companies should eventually issue securities natively on blockchains, listing onchain versions of its own NYSE-listed shares.
Dinari occupies a middle ground. Its dShares are backed one-for-one by underlying shares held by regulated custodians, a structure the company says preserves shareholder rights such as dividends, voting and corporate actions while allowing investors to hold the assets in self-custody wallets and trade using USDC. Dividends are paid directly in USDC.
The company said its dShares are already distributed in more than 85 jurisdictions. Tuesday's launch extends the offering to eligible U.S. investors.
Circle (CRCL) carries an Alpha Score of 28 (Weak) and Robinhood (HOOD) an Alpha Score of 37 (Mixed), according to AlphaScala data.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.