Dinari Inc., a pioneer in tokenized U.S. public equities, and tZERO Group, Inc., a leader in regulated blockchain-based financial infrastructure, announced a strategic partnership on July 8, 2026, to create an operating framework for broker-dealers to offer tokenized U.S. equities. The collaboration aims to combine the core market capabilities required for broker-dealers to launch and operate tokenized equity offerings through a single integration, addressing a key barrier to mainstream adoption.
By integrating Dinari's dShares technology and blockchain-based servicing with tZERO's regulated brokerage, custody, clearing, settlement, and shareholder servicing, the partnership offers a unified way for broker-dealers to seamlessly incorporate tokenized U.S. equities into their existing businesses. According to Gabriel Otte, Co-Founder and CEO of Dinari Inc., "Tokenized equities won't reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities." He added that the partnership makes it significantly easier for broker-dealers to launch and scale these offerings, providing the rails for new products and services built on top of tokenized securities.
Each dShare is backed by the corresponding underlying security held with licensed custodians, preserving the rights, protections, and ownership associated with equity investing, including cash dividends, best trade execution at NBBO, automated corporate actions, and a direct claim on backing securities. Alan Konevsky, Chairman and CEO of tZERO, noted that broker-dealers need turnkey regulated infrastructure, operational simplicity, and economics that make adoption worthwhile. "This collaboration is intended to provide a practical path for firms to participate in tokenized securities markets through a framework that combines issuance, trading, custody, clearing, settlement, and asset servicing," he said.
The collaboration will support broker-dealers with multiple capabilities, including native 24/7 trading for eligible tokenized equities across supported venues and integrations, native fractional execution for dollar-based investing and automated rebalancing, stablecoin-enabled settlement and dividend processing, automated corporate actions and shareholder communications, flexible custody models including omnibus and self-custody wallets, and API connectivity for broker-dealers, fintechs, RIAs, neobanks, and other financial platforms. Future plans include support for compliant 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 marks a step in Dinari Inc.'s broader vision for the dShares Financial Network, connecting broker-dealers, exchanges, issuers, custodians, and other regulated market participants through a shared market framework for tokenized securities. 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. For more information, visit Dinari Inc.'s blog.
