Dinari Inc., a pioneer in tokenized U.S. public equities, and tZERO Group, Inc., a provider of regulated blockchain-based financial infrastructure, announced a strategic partnership on July 8, 2026, to deliver a unified operating framework for broker-dealers to offer tokenized U.S. equities. The collaboration aims to combine the core market capabilities necessary for broker-dealers to launch and operate tokenized equity offerings through a single network 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 provides a seamless way for broker-dealers to incorporate tokenized U.S. equities into their existing businesses. According to the announcement, this unified approach is designed to simplify the process for broker-dealers to offer these products as naturally as traditional securities.
“Tokenized equities won't reach mainstream adoption until broker-dealers can offer them as naturally as they offer traditional securities,” said Gabriel Otte, Co-Founder and CEO of Dinari Inc. “By bringing together the critical components required to support tokenized equities, we're making it significantly easier for broker-dealers to launch and scale these offerings, and providing the rails for new products and services built on top of tokenized securities. The end goal is to enable investors to do more with their stocks.”
Built on Dinari's custodial model, 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 passing through features such as cash dividends, best trade execution at NBBO, automated corporate actions, and a direct claim on backing securities.
“Broker-dealers want more than tokenized assets – they need turnkey regulated infrastructure, operational simplicity, and economics that make adoption worthwhile,” said Alan Konevsky, Chairman and Chief Executive Officer of tZERO. “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 built around proven products, known demand and developed market infrastructure that bridges traditional and DeFi ecosystems with trusted regulated trading and custody solutions that appeal to institutional users.”
The collaboration supports broker-dealers with multiple capabilities, including native 24/7 trading for eligible tokenized equities, native fractional execution for dollar-based investing, stablecoin-enabled settlement and dividend processing, automated corporate actions, flexible custody models (including omnibus accounts and self-custody wallets), and API connectivity for fintechs, RIAs, and neobanks. Future capabilities include compliant on-chain liquidity, issuer-sponsored dShares programs, and permissioned on-chain financial services as the dShares Financial Network expands.
This partnership marks a significant step in Dinari's broader vision for the dShares Financial Network, which aims to connect 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. For more information on the dShares Financial Network, visit Dinari Inc.'s blog.
