Tokenization specialist Dinari and stockbroker tZERO are working together to offer stockbrokers a turnkey platform for tokenized US stocks, as competition intensifies over how public stocks should move to 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 stocks will not reach widespread adoption until stockbrokers 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 battleground in real-world assets. After US Treasury funds became the first institutional trend for tokenization, companies are increasingly turning to public equities, betting that blockchain can modernize trading, settlement and shareholder record-keeping.
Some companies, such as Robinhood and Kraken’s xStocks initiative, focus on creating blockchain-based representations of publicly traded stocks through offshore structures, often called synthetic tokens, that are offered to non-U.S. investors.
