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 offer broker-dealers a unified way to launch and operate tokenized equity offerings. The collaboration combines Dinari's dShares technology with tZERO's brokerage, custody, clearing, settlement, and shareholder servicing capabilities, enabling broker-dealers to integrate tokenized U.S. equities into their existing businesses through a single integration.
Tokenized equities have struggled to achieve mainstream adoption, partly due to the complexity for broker-dealers. 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." The partnership aims to address this by providing the critical components needed to support tokenized equities, making it easier for broker-dealers to launch and scale these offerings and enabling investors to do more with their stocks.
Each dShare is backed by the corresponding underlying security held with licensed custodians, preserving the rights, protections, and ownership of equity investing, including 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 and automated rebalancing, stablecoin-enabled settlement and dividend processing, automated corporate actions, and flexible custody models including omnibus accounts and self-custody wallets. API connectivity will be available for broker-dealers, fintechs, RIAs, neobanks, and other financial platforms. Future capabilities include compliant on-chain liquidity, collateral, financing, and issuer-sponsored dShares programs.
This partnership marks an important step in Dinari's vision for the dShares Financial Network, connecting broker-dealers, exchanges, issuers, and custodians 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. For more information, visit Dinari Inc.'s blog.
