Dinari has announced that it has become the first platform in the United States to allow American investors to trade more than 700 tokenized stocks using $USDC via self-custody wallets.
For decades, investing and digital assets have existed in separate financial systems. This launch bridges them, allowing investors to seamlessly switch between stablecoins and US company stocks while maintaining the protections of traditional capital markets, stated Dinari co-founder and CEO Gabriel Otte.
Through a partnership with Circle, US individuals and companies can now buy and sell all securities from the S&P 500 index directly on the blockchain. Each Dinari tokenized stock (dShares) is backed by the corresponding underlying asset.
The tokenization of stocks has generated significant interest within the cryptocurrency community, both from blockchain-specialized companies and traditional financial giants such as JPMorgan and Goldman Sachs. In July, the Depository Trust & Clearing Corp. stated that it had successfully processed derivative transactions using tokenized securities, including stocks and US Treasury bonds. The transaction involved more than 30 companies, including BlackRock, Circle, Goldman Sachs, JPMorgan, and Nasdaq.
Earlier, the Happy Coin News editorial team reported that the number of tokenized stock holders is rapidly increasing. In July alone, their number nearly doubled, already reaching a record 766,336.
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