Dinari Inc., a pioneer in tokenized U.S. public equities, and tZERO Group, Inc., a provider of regulated blockchain-based financial infrastructure, announced a strategic partnership to create an operating framework for broker-dealers to offer tokenized U.S. equities. The collaboration aims to integrate the core market capabilities required for broker-dealers to launch and operate tokenized equity offerings through a single network integration.
By combining Dinari's dShares technology and blockchain-based servicing with tZERO's regulated brokerage, custody, clearing, settlement, and shareholder servicing, the partnership will provide a unified way for broker-dealers to seamlessly integrate tokenized U.S. equities offerings into their existing businesses. Each dShare is backed by the corresponding underlying security held with licensed custodians, preserving the rights, protections, and ownership associated with equity investing, including cash dividends, best trade execution at NBBO, automated corporate actions, and a direct claim on backing securities.
"Tokenized equities won't reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities," said Gabriel Otte, Co-Founder and CEO of Dinari Inc. "By bringing together the critical components required to support tokenized equities, we're making it significantly easier for broker-dealers to launch and scale these offerings." The end goal, according to Otte, is to enable investors to do more with their stocks.
Alan Konevsky, Chairman and Chief Executive Officer of tZERO, emphasized the need for turnkey regulated infrastructure and operational simplicity. "This collaboration is intended to provide a practical path for firms to participate in tokenized securities markets through a framework that combines issuance, trading, custody, clearing, settlement, and asset servicing built around proven products, known demand and developed market infrastructure that bridges traditional and DeFi ecosystems," he said.
The collaboration will support broker-dealers with multiple capabilities, including native 24/7 trading for eligible tokenized equities, native fractional execution for dollar-based investing and automated rebalancing, stablecoin-enabled settlement and dividend processing, automated corporate actions, governance, proxy support, and shareholder communications. Flexible custody models, API connectivity for broker-dealers and fintechs, and future support for compliant on-chain liquidity and DeFi-compatible programs are also part of the offering.
The partnership marks an important step in Dinari's broader vision for the dShares Financial Network, which connects broker-dealers, exchanges, issuers, custodians, and other regulated market participants through a shared market framework for tokenized securities. As the network expands, participating firms will benefit from broader distribution, deeper liquidity, more efficient post-trade workflows, and additional commercial opportunities across tokenized capital markets. For more information, visit Dinari's blog.
Dinari Inc. is the creator of dShares: stocks with the flexibility of digital assets and the security of traditional equities. Learn more at dinari.com. tZERO Group, Inc. and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. More information is available at their website.
