Dinari Secures Broker-Dealer License – Set to Disrupt US Markets with Tokenized Stocks
Wall Street's paper-based dinosaurs just got a blockchain-powered wake-up call.
Dinari's new license cracks open the door for 24/7 trading of fractionalized Tesla, Apple, and more—no middlemen, just math.
Mainframes to memes in 60 seconds
The SEC-approved pivot turns stodgy equity markets into DeFi playgrounds. Suddenly that 'old money' portfolio? It's composable, programmable, and—let's be honest—way more fun to stare at than a Fidelity statement.
Tokenization's endgame? A world where your Robinhood account and MetaMask wallet finally stop pretending they're not the same thing.
(Cynical finance jab: Finally, a way to lose money on meme stocks without the 2-day ACH delay.)
Tokenized stocks
Tokenizing equities converts conventional shares into transferable digital tokens recorded on a blockchain.
Proponents argue the structure trims clearing fees, accelerates settlement to NEAR real-time, and supports round-the-clock trading.
Dinari’s registration satisfies long-standing SEC requirements that secondary trading in securities, whether tokenized or not, run through licensed intermediaries.
Coinbase and Kraken are also pursuing this approach. Kraken announced the launch of a, while Coinbase recentlyto conduct the same offering.
Competitive backdrop and remaining hurdles
Despite the push from companies to offer tokenized equities, hurdles persist. The World Economic Forum last month flagged shallow secondary-market liquidity and the absence of unified technical standards as chief obstacles to mainstream use.
Otte acknowledged those gaps but said Dinari’s on-chain settlement framework aims to provide a template regulators, and industry groups can reference when drafting interoperability guidelines.
Unlike retail brokerages such as Robinhood or Charles Schwab, Dinari embeds its trading and custody stack inside third-party platforms.
Otte described the strategy as a “white label rails” model designed to let fintech firms bolt tokenized equities onto existing mobile apps without building blockchain infrastructure in-house.
Dinari’s broker-dealer will begin customer testing after it finishes control-location attestations and vault integrations required under SEC Rule 15c3-3. The company stated that it WOULD publish updated technical specifications for its ERC-20-based share contract before the US launch.