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Dinari Launches Tokenized US Stocks for Eligible US Investors
Dinari now offers tokenized U.S. stocks and ETFs, including all S&P 500 companies, for eligible U.S. investors, with dividends paid in USDC. Future features like 24/7 trading and T+0 settlement are planned, pending regulatory approval.
AS1 NewsSource: thedefiant.io
Dinari has announced the opening of tokenized U.S. stock trading to eligible U.S. investors. The platform now supports the purchase of 724 tokenized stocks and ETFs, including every company in the S&P 500, using USDC from self-custody wallets. This move marks a significant step in the tokenization of traditional equities, providing a new avenue for investors to access U.S. stock markets through blockchain technology.
The company states that dividends on these tokenized shares are paid out in USDC, a stablecoin, simplifying income distribution for investors. While the platform currently facilitates trading and dividend payments, it has indicated that additional features such as 24/7 trading and T+0 settlement are under consideration, contingent upon regulatory requirements.
This development underscores ongoing efforts to bridge traditional financial markets and blockchain-based assets, potentially increasing liquidity and accessibility for U.S. investors. As the first platform to offer such a broad range of tokenized stocks, Dinari is positioning itself as a pioneer in this emerging sector.
The platform's expansion could enhance access to U.S. equities via blockchain, influencing market participation and liquidity.