Tokenization specialist Dinari and broker-dealer tZERO are teaming up to offer broker-dealers a turnkey platform for tokenized US stocks as competition heats up over how public stocks will move onto blockchain networks.
The companies said Wednesday that they will combine Dinari’s tokenized equity platform with tZERO’s brokerage, custody, clearing and settlement infrastructure, allowing financial firms to launch blockchain-based equity offerings without assembling the underlying market infrastructure themselves.
“Tokenized shares will not reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities,” Dinari CEO Gabriel Otte said in a statement.
The move comes as tokenized stocks emerge as the next real-world battleground. After US treasury funds became the first institutional trend for tokenization, companies are increasingly turning to public stocks, betting blockchain can modernize trading, settlement and shareholder registration.
Some firms, such as Robinhood and Kraken’s xStocks initiative, are focusing on creating blockchain-based representations of listed stocks via offshore structures, often called synthetic tokens, offered to non-US investors.
