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 integrate Dinari's dShares technology with tZERO's brokerage, custody, clearing, settlement, and shareholder servicing capabilities, enabling broker-dealers to launch and manage tokenized equity offerings through a single network integration.
Tokenized equities have faced barriers to mainstream adoption due to the complexity of integrating multiple services. By combining dShares—which are backed by underlying securities held with licensed custodians—with tZERO's regulated infrastructure, the partnership seeks to simplify the process 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. By bringing together the critical components required to support tokenized equities, we're making it significantly easier for broker-dealers to launch and scale these offerings."
The framework will support native 24/7 trading, fractional execution for dollar-based investing, stablecoin-enabled settlement and dividend processing, automated corporate actions, and flexible custody models including omnibus accounts and self-custody wallets. Alan Konevsky, Chairman and Chief Executive Officer of tZERO, emphasized the need for turnkey regulated infrastructure: "Broker-dealers want more than tokenized assets – they need turnkey regulated infrastructure, operational simplicity, and economics that make adoption worthwhile."
Future capabilities include compliant on-chain liquidity, collateral, financing, and issuer-sponsored dShares programs. The partnership marks a step in expanding the dShares Financial Network, which aims to connect broker-dealers, exchanges, issuers, and custodians. For more information on the dShares Financial Network, visit Dinari Inc.'s blog. Additional details about tZERO's services are available on their website.
