• The launch enables eligible U.S. investors to buy and sell 724 stocks using USDC via their own self-custody wallets.
• Broker-dealers can license Dinari Inc.’s API-based operating infrastructure to provide seamless customer access to tokenized U.S. equities.
• Launch partners include Circle, Monaco, Axal, Privy, Para, Yield.xyz, Eldora, Liminal, Kredete, with support on Ethereum, Avalanche, Arbitrum, Base and launching soon on Sei and Solana.

Dinari Inc., a leader in the custodial model of tokenized equities, announced the launch of the first tokenized U.S. stocks available to investors and businesses in the United States. Through a partnership with Circle, the launch makes it possible for U.S. investors to buy and sell stocks in self-custody wallets using USDC.

U.S. equities represent more than $75 trillion in market capitalization and remain the foundation of global capital markets. Meanwhile, the stablecoin market has grown to more than $307 billion, becoming the preferred way to move value across digital markets. Dinari’s technology makes it possible for U.S. equities to move with the speed and programmability of stablecoins while being designed to preserve the investor protections that underpin traditional capital markets. The addition of self-custody opens up a new means of buying, selling, and managing portfolios.

At launch, investors can access the entire S&P 500® as dShares™, tokenized U.S. equities that are backed by a corresponding underlying security held in qualified custody. This structure is designed to preserve the rights and protections of traditional stock ownership, including NBBO execution, voting rights, dividends, corporate actions, and ownership of the backing security. For additional context on the custodial model of tokenized securities, see the staff of the U.S. Securities and Exchange Commission’s Statement on Tokenized Securities.

dShares™ are available today to eligible U.S. investors through the Dinari Trading App and initial launch partners including Monaco, Eldora, Kredete, Yield.xyz, Liminal, Para, Privy, and Axal. Dinari currently supports the Avalanche, Arbitrum, Base, and Ethereum Mainnet blockchains, with support on Sei and Solana expected soon. The launch also introduces native USDC dividend support, enabling eligible investors to receive dividend proceeds directly in USDC and keep capital onchain for faster reinvestment across supported financial applications.

“We’re the first platform to let U.S. investors buy and sell tokenized U.S.-listed stocks directly from their own self-custody wallets using USDC,” said Gabriel Otte, CEO and Co-Founder of Dinari. “For decades, investing and digital assets have existed in separate financial systems. This launch brings them together, allowing investors to move seamlessly between stablecoins and U.S. equities while preserving the protections of traditional capital markets.”

Tokenization introduces new capabilities that traditional infrastructure cannot easily support, including programmable ownership, and interoperability across financial platforms. Over time, this foundation can support entirely new financial experiences built around U.S.-listed securities, such as continuous (24/7) trading, T+0 settlement, collateralized lending and margin to automated portfolio management and other programmable financial services, subject to applicable regulatory requirements, product development, and implementation. Dinari will continue working with market infrastructure providers and financial institutions to expand access to tokenized equities and bring additional capabilities to investors over time.

The U.S. launch builds on Dinari’s existing global footprint, where dShares™ are already distributed through fintechs, exchanges, neobanks, and web3-native platforms serving investors across more than 85 jurisdictions.