Dinari opened tokenized U.S. stock trading to U.S. investors on Tuesday, saying 724 tokenized U.S. stocks and ETFs — including every company in the S&P 500 — can now be bought with USDC from self-custody wallets by eligible investors in the United States.
The company said it is the first platform to make the 724 tokenized stocks available to both eligible U.S. investors and U.S. businesses, with purchases settled in USDC through a partnership with Circle and broker-dealers able to license Dinari's API-based infrastructure to offer the products to their own customers.
Avalanche said the tokens are live on its C-Chain through the Dinari Trading App. Dinari said it currently supports Ethereum, Avalanche, Arbitrum and Base, and will expand to Sei and Solana. Alongside its own app, the company named Monaco, Eldora, Kredete, Yield.xyz, Liminal, Para, Privy and Axal as launch partners.
Backed by Securities in Custody
The tokens, branded dShares, are backed by corresponding underlying securities held in qualified custody, according to Dinari. The company said they are designed to preserve the rights and protections of traditional stock ownership, including execution at the national best bid and offer, voting rights, cash dividends, corporate actions and ownership of the backing security.
The U.S. launch adds native USDC dividend support, so holders receive dividend proceeds directly in the stablecoin rather than in cash off-chain.
Access is restricted. Dinari's disclosures state that tokenized securities and dShares are securities subject to U.S. federal securities laws and that its products are available only to eligible investors, subject to eligibility, onboarding and jurisdictional requirements.
Broker-Dealer Approval
The launch follows the broker-dealer approval The Defiant reported in June 2025, when Dinari said its U.S. offerings would go live in the following months. FINRA's BrokerCheck lists Dinari Securities, LLC as an active broker-dealer with SEC number 8-71215, no disclosures and a last FINRA approval date of June 20, 2025, at 260 Madison Avenue in New York.
Dinari said continuous 24/7 trading, T+0 settlement, collateralized lending and margin, and automated portfolio management could be supported "over time," subject to applicable regulatory requirements, product development and implementation.
Dinari said dShares already reach investors in more than 85 jurisdictions through fintechs, exchanges, neobanks and web3-native platforms. The company framed the U.S. launch as joining two pools of capital, citing more than $75 trillion in U.S. equity market capitalization and a stablecoin market above $307 billion.