Dinari is expanding its offerings of tokenized equities to the Base chain, joining existing deployments on Ethereum mainnet, Arbitrum, Blast, and Kinto.
With the aim of bridging traditional finance with DeFi, Dinari enables investors worldwide to access the US equities markets through tokenized stocks known as dShares. These dShares are fully backed by off-chain assets, ensuring compliance with regulatory standards.
In contrast to early synthetic equity tokens, Dinari prioritizes security and compliance. By automating processes with clearing partners and maintaining onchain record-keeping, each tokenized asset is backed by real-world equities, accessible across multiple blockchains.
The decision to expand to Base chain, an Ethereum optimistic rollup, aligns with Dinari’s vision of creating a global marketplace for tokenized assets. Base, historically cautious about real-world assets, is now attracting dapp developers seeking regulatory-compliant paths to tokenization.
According to Dinari co-founder Gabriel Otte, Base’s shift reflects a broader industry trend towards regulatory compliance in tokenization.
Despite a previous unsuccessful expansion to Blast, which focused on gamified incentives, Dinari sees potential in exploring new chains like Solana in the near future.
Dinari’s infrastructure supports the minting and burning of tokenized stocks across different chains, offering a white-labeled service for financial institutions and developers to integrate dShares into their platforms via APIs.
While dShares are available on certain secondary markets via DeFi DEXs like Jupiter, access by US users is restricted due to regulatory challenges.
As a registered SEC transfer agent, Dinari is exploring additional agency licenses to enhance its regulatory compliance efforts.