Dinari Brings Tokenized Stocks to US Investors Through Circle Partnership
Dinari, founded by Stripe and Apple alumni, is making waves in the financial world. The company has partnered with Circle to offer tokenized stocks to U.S. investors. This means that users can buy and sell stocks instantly through self-custody wallets, without going through traditional brokers or waiting for trades to settle.
The S&P 500 will be available on the blockchain, making it possible for anyone to own a piece of the market. According to Dinari's CEO Gabriel Otte, 'the token itself will be the trusted ledger of the stock.' This is a significant step towards transparency and accessibility in the financial markets.
Dinari's model replaces the traditional brokerage stack with a wallet-based system, where users can fund accounts instantly with the stablecoin USDC. The partnership with Circle allows U.S. investors to buy and sell stocks via self-custody wallets for the first time. Dinari is seeking to bridge the gap between the $300 billion stablecoin market and the more than $60 trillion U.S. equities market.