In a landmark achievement for decentralized finance (DeFi), Dinari has become the first platform to gain approval from the U.S. Securities and Exchange Commission (SEC) to offer tokenized stock trading services to U.S. investors. Announced on June 26, 2025, this historic approval marks a pivotal moment in merging traditional financial markets with blockchain technology. By enabling U.S. investors to trade tokenized versions of stocks and ETFs, Dinari is pioneering a new era of accessible, transparent, and efficient investing. This development not only validates the potential of DeFi but also sets a precedent for how blockchain can integrate with regulated financial systems, offering a glimpse into the future of investing.
Dinari’s Innovative Tokenized Trading Model
Dinari’s subsidiary, Dinari Securities, secured a broker-dealer registration, allowing it to offer blockchain-based trading of U.S. stocks and ETFs. These tokenized assets, known as dShares, represent shares of well-known companies like Apple (AAPL.d) and Amazon (AMZN.d), fully backed 1:1 by the underlying securities. Unlike traditional retail brokerages such as Charles Schwab or Robinhood, Dinari operates a B2B model, partnering with platforms like Gemini to distribute its tokenized equities. This approach enables seamless integration into existing financial ecosystems, making tokenized stocks accessible to a broader range of platforms and users. The transparency of blockchain ensures that all dShares are verifiable, with Dinari publishing its holdings publicly on its website, fostering trust among investors and regulators alike.
A Game-Changer for DeFi and Traditional Finance
The SEC’s approval reflects a shifting regulatory landscape, particularly under the Trump administration, which has shown a more favorable stance toward cryptocurrency and DeFi innovations. This achievement establishes Dinari as a pioneer in connecting decentralized finance with traditional financial systems. For U.S. investors, this means access to innovative financial products that combine the speed and security of blockchain with the stability of SEC-regulated markets. The approval also signals growing acceptance of tokenized assets, which could lead to wider adoption across the financial industry. Dinari’s platform offers a unique value proposition: the efficiency and transparency of DeFi without compromising on compliance, making it an attractive option for both crypto enthusiasts and traditional investors looking to diversify their portfolios.
Also Read: DeFi Meets D.C.: SEC’s ‘DeFi and the American Spirit’ Roundtable Unraveled
The Road Ahead for Tokenized Securities
Dinari’s CEO, Gabriel Otte, emphasized the company’s vision to “elevate the financial system” by establishing a legal standard for tokenized stocks. With plans to activate its licensed entity in the next quarter following SEC onboarding, Dinari is poised to expand its reach through strategic partnerships. Its collaboration with Gemini, which already lists tokenized MicroStrategy (MSTR) shares for European users, highlights its global ambitions. Dinari’s focus on creating an on-chain exchange could further revolutionize how tokenized securities are traded, offering a decentralized alternative to traditional stock exchanges. As competitors like Coinbase and Kraken pursue similar approvals, the tokenized securities market is heating up, promising a future where blockchain plays a central role in finance. By prioritizing transparency, compliance, and innovation, Dinari is setting a new benchmark for how DeFi can coexist with regulatory frameworks, potentially reshaping the investment landscape for years to come.
FAQs
What are Dinari’s dShares?
dShares are tokenized U.S. stocks and ETFs, like Apple or Amazon, backed 1:1 by the actual securities and traded on Dinari’s blockchain platform.
How does SEC approval benefit U.S. investors?
The approval allows U.S. investors to legally trade tokenized stocks on Dinari’s platform, combining blockchain efficiency with regulatory compliance.
Is Dinari’s platform available to retail investors?
Dinari focuses on B2B integrations, offering tokenized equities through partner platforms rather than directly to retail users.