Dinari and tZERO partner to bring tokenized equities to broker dealers

Dinari and tZERO have partnered to create an operating framework that would allow broker dealers to offer tokenized US equities through a single integration.

The partnership combines Dinari’s dShares technology with tZERO’s regulated brokerage, custody, clearing, settlement and shareholder servicing infrastructure. The companies said the goal is to give broker dealers a simpler path to launching tokenized equity products for their own customers.

Dinari’s dShares are tokenized representations of public market securities that are backed one to one by the underlying stocks or ETFs, with the assets held in custody by a registered US broker dealer.

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Dinari says the structure is designed to preserve core equity investing features, including cash dividends, corporate actions and redemption tied to the underlying security.

The companies said the collaboration will support features including round the clock trading for eligible tokenized equities, fractional execution, stablecoin enabled settlement and dividend processing, automated corporate actions, proxy support and flexible custody models.

The partnership comes as tokenized equities move closer to mainstream market infrastructure. Dinari secured broker dealer registration for its subsidiary in 2025, a step the company said made it the first tokenized equity platform to receive that approval in the US.

tZERO has positioned itself as regulated infrastructure for digital securities, including secondary market trading and custody for tokenized assets. Its platform is built around SEC and FINRA compliance, according to company materials.

The tie up expands Dinari’s broader dShares Financial Network strategy, which aims to connect broker dealers, exchanges, issuers, custodians and other regulated market participants through shared infrastructure for tokenized securities.