Dinari Securities Secures Broker-Dealer License – A Game Changer for Crypto Markets

Wall Street meets blockchain as Dinari clears regulatory hurdles.

The SEC greenlights Dinari's broker-dealer registration—paving the way for institutional crypto plays.

Finally, a licensed on-ramp for traditional money to flood into digital assets. Just don't ask how long compliance will last before the next 'creative' financial engineering.

Dinari, a leading provider of tokenized U.S. equities, announced that its subsidiary, Dinari Securities LLC, has received a broker-dealer registration, the first company of its kind to reach this regulatory milestone with a subsidiary firm. The company believes this is an important step in its long-term goal of working towards compliant interoperability with the U.S. stock market and serving U.S. customers.

Since its inception in 2021, Dinari Inc. has focused on working with existing SEC regulatory frameworks and building blockchain-based systems while upholding industry-standard compliance practices. According to the company, its efforts have been focused on building robust, regulated infrastructure that works with existing financial regulations.

“Our commitment has been to build towards a future where investors can access the freedom and efficiency of tokenized securities in a regulated, compliant way. We believe that the registration of our subsidiary as a broker-dealer is an important step towards that goal,” said Gabriel Otte, Co-Founder and CEO of Dinari Inc.

Dinari will begin operationalizing its broker-dealer entity in the coming quarter.

“We’ve spent the past few years working closely with regulators to share our vision for a world in which tokenization works alongside and enhances existing financial infrastructure,” said Chas Rampenthal, Co-Founder and Chief Legal Officer of Dinari Inc. “We are excited about this approval and look forward to continuing those efforts.”

The company’s dShares, tokenized representations of U.S. equities and ETFs that are fully backed one-to-one by the underlying security, have been live since 2023. The Dinari Inc. team sees growing appetite for fully-backed, on-demand tokenized securities that are tied directly to shares purchased in public markets.

Today, dSharesare distributed outside of the U.S. to end users in over 70 countries through a growing network of fintech, wallet, and institutional partners.

For more information, visit https://dinari.com.

Source: Dinari