Dinari Inc., the creator of the custodial model for tokenized U.S. public equities, and tZERO Group, Inc., a provider of regulated blockchain-based financial infrastructure, announced a strategic partnership aimed at providing broker-dealers with an operating framework to launch and manage tokenized equity offerings. The collaboration integrates Dinari's dShares technology and blockchain-based servicing with tZERO's regulated brokerage, custody, clearing, settlement, and shareholder servicing, enabling broker-dealers to offer tokenized U.S. equities through a single network integration.
The partnership addresses a critical gap in the tokenized securities market. As Gabriel Otte, Co-Founder and CEO of Dinari Inc., stated, "Tokenized equities won't reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities." By combining essential market capabilities, the collaboration aims to simplify the process for broker-dealers to launch and scale tokenized offerings, ultimately enabling investors to do more with their stocks.
Each dShare is backed by the corresponding underlying security held with licensed custodians, preserving the rights, protections, and ownership associated with equity investing. This includes cash dividends, best trade execution at NBBO, automated corporate actions, and a direct claim on backing securities. The framework supports native 24/7 trading for eligible tokenized equities, native fractional execution for dollar-based investing, stablecoin-enabled settlement and dividend processing, automated corporate actions, and flexible custody models including omnibus accounts and self-custody wallets. API connectivity is provided for broker-dealers, fintechs, RIAs, neobanks, and other financial platforms.
Alan Konevsky, Chairman and CEO of tZERO, emphasized the need for turnkey regulated infrastructure: "Broker-dealers want more than tokenized assets – they need turnkey regulated infrastructure, operational simplicity, and economics that make adoption worthwhile." The collaboration is designed to provide a practical path for firms to participate in tokenized securities markets, combining issuance, trading, custody, clearing, settlement, and asset servicing built around proven products and developed market infrastructure that bridges traditional and DeFi ecosystems.
Future capabilities include compliant, permissioned on-chain liquidity, collateral, financing, and other DeFi-compatible programs, as well as issuer-sponsored dShares programs to expand distribution and shareholder engagement. The partnership represents a step in Dinari's vision for the dShares Financial Network, connecting broker-dealers, exchanges, issuers, custodians, and other regulated participants through a shared market framework. As the network expands, participating firms are expected to benefit from broader distribution, deeper liquidity, more efficient post-trade workflows, and additional commercial opportunities across tokenized capital markets. More information on the dShares Financial Network can be found on Dinari Inc.'s blog.
