Dinari, a San Francisco startup, has received SEC approval to launch trading of tokenized equities known as dShares in the US. The company plans to integrate with trading platforms, offering new opportunities for investors.
SEC Approval and dShares Launch
Dinari has received SEC approval to operate as a broker using decentralized networks. The company is set to launch dShares, allowing US investors to purchase tokenized stocks. This approval makes Dinari the first US broker to trade tokenized equities on blockchain-like networks.
New Model for Trading Tokenized Equities
Dinari will act as a technology provider and will not provide direct retail services. Instead, the startup will integrate its platform into third-party apps and trading desks. Gabriel Otte, co-founder and CEO of Dinari, stated that this approach lays a legal groundwork for on-chain stocks in the United States. Otte mentioned, "***We aim to build a bridge between Bitcoin’s network and traditional finance.***"
Prospects for dShares in the Market
Dinari has already struck deals with several market participants, although partner names remain confidential. Investors are keenly watching to see if dShares gain traction among brokers and asset managers. If successful, Dinari could offer a new model for trading real-world assets, blending blockchain networks with standard broker rules, potentially lowering costs and speeding up settlements.
Dinari is paving the way for trading tokenized equities in the US, which could significantly alter investment approaches and enhance the financial services market.
