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 combine Dinari's dShares technology with tZERO's brokerage, custody, clearing, settlement, and shareholder servicing capabilities into a single network integration, simplifying the process for broker-dealers to launch and scale tokenized equity offerings.
Tokenized equities have struggled to gain mainstream traction due to the complexity of integrating them into existing broker-dealer operations. Gabriel Otte, Co-Founder and CEO of Dinari Inc., stated, "Tokenized equities won't reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities." By bringing together critical components, the partnership intends to provide the rails for new products and services built on tokenized securities, enabling investors to do more with their stocks.
Each dShare is backed by the corresponding underlying security held with licensed custodians, preserving rights and protections such as cash dividends, best trade execution at NBBO, automated corporate actions, and a direct claim on backing securities. Alan Konevsky, Chairman and CEO of tZERO, emphasized, "Broker-dealers want more than tokenized assets – they need turnkey regulated infrastructure, operational simplicity, and economics that make adoption worthwhile."
The collaboration will support broker-dealers with native 24/7 trading for eligible tokenized equities, fractional execution for dollar-based investing, stablecoin-enabled settlement and dividend processing, automated corporate actions, flexible custody models including omnibus accounts and self-custody wallets, and API connectivity for fintechs and financial platforms. Future capabilities include compliant on-chain liquidity, collateral, financing, and issuer-sponsored dShares programs to expand distribution and shareholder engagement.
This partnership marks a step in Dinari's vision for the dShares Financial Network, connecting broker-dealers, exchanges, issuers, and custodians through a shared market framework. For more information, visit dinari.com and tZERO's website.
