U.S. Approves First Platform to Offer Tokenized Stocks on Blockchain
In a major regulatory milestone, Dinari has reportedly become the first company to receive U.S. approval to offer tokenized stocks—digital assets designed to mirror traditional equities on the blockchain.
Tokenized stocks, long available only to users outside the United States, are now edging toward domestic legitimacy. These assets represent real shares, like Apple or Tesla, through digital tokens that track their market value, and are gaining traction as part of the growing real-world asset (RWA) sector.
Dinari’s CEO Gabriel Otte sees this move as a stepping stone toward a fully on-chain financial system—not just brokerages, but exchanges as well. Rather than serving customers directly, Dinari partners with platforms to integrate its services, giving other companies access to its tokenized instruments.
The firm’s digital equities, known as dShares, are already accessible internationally, but with U.S. regulatory clearance, Dinari plans to launch its broker-dealer operations within the next quarter.
Meanwhile, the broader RWA race is intensifying. Firms like Plume Network and Backed are also looking to bring tokenized U.S. equities to users. Industry optimism is high—Backed’s marketing lead expects tokenized stock volumes to reach up to $2 billion by year’s end, while BlackRock CEO Larry Fink has urged regulators to fast-track digital securities.
As the tokenization of traditional finance accelerates, Dinari’s approval could serve as a model for others—and signal the beginning of a much larger shift in how assets are traded and held on-chain.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
