Dinari partners with tZERO on tokenized U.S. stocks platform
The companies are building a single integration for broker-dealers that combines Dinari’s tokenized equity issuance with tZERO’s regulated brokerage, custody, clearing, settlement and asset-servicing infrastructure.
Dinari and tZERO are partnering on a framework designed to let broker-dealers offer tokenized U.S. equities without building the underlying market infrastructure themselves. The setup combines Dinari’s custodial dShares issuance platform with tZERO’s regulated brokerage, custody, clearing, settlement and asset-servicing stack to create a single integration point for tokenized stock offerings. Dinari said its dShares Financial Network tokenizes U.S. equities on a one-to-one basis, with each token representing an ownership claim on an underlying share rather than a synthetic product that only tracks price. The tokens are available across Arbitrum, Ethereum, Base and Polygon. The companies are positioning the model within existing U.S. securities rules, with tZERO operating under SEC and FINRA guidelines and Dinari holding SEC transfer-agent registration and FINRA broker-dealer status. The partnership adds to Dinari’s broader push in tokenized equities after its December 2025 liquidity partnership with Flow Traders covering more than 200 tokenized U.S. equities, and highlights a market structure pitch centered on direct custodial ownership and investor protections rather than synthetic exposure.
- tokenized U.S. equities: Digital tokens linked to U.S. stocks, structured here as claims on underlying shares held in custody.
- dShares Financial Network: Dinari’s system for issuing tokenized stock products that represent one-to-one ownership claims on underlying equities.
- synthetic product: An instrument designed to mimic an asset’s price performance without conveying direct ownership of the underlying asset.