Dinari Secures Historic Approval to Bring Tokenized Stocks to U.S. Investors
Dinari has become the first platform to receive regulatory approval for offering tokenized equities directly to U.S. investors. The company's subsidiary has been registered as a broker-dealer, marking a significant milestone in the integration of blockchain technology with traditional finance.
The approval enables Dinari to convert traditional U.S. company shares into digital tokens, allowing for blockchain-based trading. These tokens maintain the value and ownership rights of the underlying securities while offering the benefits of decentralized networks, including 24/7 trading and potentially lower fees.
This development follows extensive discussions with the U.S. Securities and Exchange Commission and positions Dinari ahead of competitors like Coinbase and Kraken in the tokenized equity space. The company plans to commence operations in the next quarter.