Dinari Partners with Circle to Offer Tokenized Stocks to U.S. Investors

iconKuCoinFlash
Share
AI summary iconSummary
Dinari has partnered with Circle to enable U.S. investors to trade tokenized stocks using self-custody wallets. Users can fund their accounts instantly with USDC, bypassing traditional brokerage systems. The company has tokenized the entire S&P 500 index, now available to U.S. investors. Traders can analyze key support and resistance levels when entering positions. This initiative may enhance the risk-to-reward ratio for investors using wallet-based trading.

ME News reports that on August 4 (UTC+8), Dinari, in collaboration with stablecoin giant Circle, enabled U.S. investors to buy and sell stocks through self-custody wallets for the first time. Dinari’s model replaces the traditional brokerage stack with a wallet-based system, allowing users to instantly fund their accounts using the stablecoin USDC. For decades, buying stocks meant going through a broker, waiting for trade settlement, and facing trading restrictions outside market hours. Dinari is aiming to change that. On Tuesday, the San Mateo, California-based company, which tokenizes publicly traded stocks, announced it has tokenized the entire S&P 500 index and is now offering these tokenized stocks to U.S. investors. (Source: BlockBeats)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.