In a groundbreaking development for the financial services sector, Dinari, a blockchain-based fintech startup, has officially secured a broker-dealer registration from the U.S. Securities and Exchange Commission (SEC) on June 26, 2025. This approval positions Dinari as the first company in the United States authorized to offer tokenized U.S. stocks, enabling a more streamlined and secure process for investors to buy, sell, and trade tokenized versions of traditional stock shares.
What are Tokenized Stocks?
Tokenized stocks are digital representations of traditional stocks that are stored and traded on a blockchain. This innovative approach makes use of smart contracts and other blockchain features to facilitate faster, cheaper, and more transparent transactions. With tokenized stocks, each share is represented by a unique token on the blockchain, allowing for fractional ownership and more flexible trading opportunities.
“Blockchain has the potential to fundamentally change the way we trade and settle stocks. With tokenized stocks, we’re able to eliminate many of the inefficiencies associated with traditional stock exchanges,” said Julia Martins, CEO of Dinari. “This is a monumental shift in the industry, offering a more accessible, cost-efficient way to invest in U.S. equities.”
By receiving the broker-dealer registration, Dinari now has the legal clearance to operate as an intermediary in the trading of tokenized stock assets. The company’s platform will allow investors to trade tokenized shares in major publicly traded U.S. companies such as Apple, Amazon, and Tesla.
A Historic Move for the Financial Industry
Dinari’s new broker-dealer status opens the door for a broader range of investors to participate in the stock market using blockchain technology. The approval comes at a time when blockchain adoption in finance is accelerating, with increasing interest in decentralized finance (DeFi) platforms and digital securities.
Tokenization has been heralded as a way to increase liquidity in financial markets, lower the barriers to entry for retail investors, and reduce transaction costs. According to a report by PwC, the global market for tokenized assets is expected to surpass $24 trillion by 2027, as more industries explore the benefits of tokenization in various forms.
How Dinari Plans to Revolutionize the Market
Dinari’s platform, which is set to launch by the end of 2025, will allow investors to trade tokenized versions of stocks just like they would on a traditional exchange. However, unlike traditional stock exchanges that operate on fixed hours and are subject to high fees, Dinari’s blockchain-based system operates 24/7, offering greater flexibility for investors across the globe.
In addition to offering tokenized stocks, Dinari plans to introduce features such as automated dividend payments, voting rights, and the ability to use tokenized shares as collateral for loans. These advancements could revolutionize the way investors interact with stocks and other securities.
Regulatory Oversight and Compliance
Securing the broker-dealer registration from the SEC was a significant milestone for Dinari, as the company had to undergo rigorous regulatory scrutiny. The SEC’s approval highlights the increasing recognition of blockchain-based financial services within the U.S. regulatory framework.
“We’re committed to working closely with the SEC to ensure that our platform remains compliant with federal securities laws,” Martins said. “We believe that with the right regulatory framework, blockchain and tokenization can coexist with traditional financial systems and offer tremendous value to investors.”
The Future of Tokenized Assets
Dinari’s success marks a key milestone in the broader trend of blockchain integration into traditional finance. The company’s vision aligns with the growing demand for faster, more efficient, and more inclusive financial systems that cater to a diverse range of investors.
As more regulatory clarity emerges around digital assets, it’s expected that more companies will follow Dinari’s lead, exploring tokenization and its applications in various asset classes, including real estate, commodities, and bonds.