Dinari launched trading of tokenized U.S. stocks and ETFs for eligible U.S. investors on Tuesday, marking what the company says is a first for the domestic market. The platform now offers 724 tokenized assets, including every company in the S&P 500, and lets users buy them directly from self-custody wallets using USDC.
How the platform works
Investors connect their own wallets — not a custodial account — and swap USDC for tokenized shares. Each token represents a claim on an underlying security, which Dinari says it holds in a separate trust. The process is meant to feel like a crypto transaction while the assets track real stock prices.
The company didn't disclose how many users have signed up or the total value of tokens issued. It also didn't name the custodian or trust structure backing the tokens.
What's available
The lineup covers all S&P 500 companies plus 224 ETFs. That includes popular names like Apple, Microsoft, Amazon, and the SPDR S&P 500 ETF. Dinari says it plans to add more assets over time.
Investors can trade these tokens 24/7, unlike traditional stock markets. But the tokens only trade on Dinari's own platform — they aren't listed on any major crypto exchange.
First-mover claim in the US
Dinari claims to be the first platform to offer tokenized stock trading to U.S. investors. Several other firms have launched similar products abroad, but regulatory hurdles have kept most out of the U.S. market.
The company didn't specify which regulators it has engaged with or whether it has obtained any formal approvals. It said only that it is “operating within the existing legal framework.”
Dinari hasn't announced a timeline for adding more assets or expanding to other types of securities. The company also hasn't said whether it will seek to list its tokens on external exchanges. For now, eligible U.S. investors can sign up and start trading — provided they have USDC and a compatible wallet.
