Thursday, June 26, 2025

"Dinari granted first broker-dealer registration to offer tokenized stocks"

From Reuters, June 26:

  • Dinari is first tokenized equity platform to get US approval
  • Coinbase, Kraken also exploring blockchain-based stocks
  • Proponents say tokenized stocks could reduce trading costs
June 26 (Reuters) - Dinari, a startup that offers blockchain-based U.S. stocks, has secured a broker-dealer registration for its subsidiary, a move the company says makes it the first tokenized equity platform to secure such approval in the U.S.

The move allows San Francisco-based Dinari to offer stock trading via blockchain technology for the first time to investors in the U.S., an offering that crypto companies like Coinbase and Kraken are also actively exploring as firms look to capitalize on an evolving U.S. regulatory stance toward cryptocurrencies.

Tokenizing equities is a process in which shares of a company are converted into digital tokens, similar to how cryptocurrencies are traded. Instead of holding the securities directly, investors hold tokens that represent ownership of the securities.
Proponents have said that tokenized equities could reduce trading costs, enable faster settlement, and facilitate around-the-clock trading....
....MUCH MORE 

If interested see also June 19's "Coinbase seeks SEC approval for ‘tokenized equities’ — Report

Here's the whole tokenization series, basically tokenize everything in the world.