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Dinari ensured the registration of the American broker-tradener for his subsidiary and became the first platform cleaned, offering shares of publicly traded companies based on blockchain for domestic investors, Reuters reported June 26.
The company in San Francisco stated that after completion on board with the Securities and Stock Exchange (SEC) commission (SEC), it activates the licensed entity.
Dinari already distributes “dshares” Coinbase’s Basic network for users outside the US. It allows it to offer the same product to American brokers and Fintech applications via the API rather than a direct consumer portal.
CEO Gabriel Otte said that the company has organized unpublished integration partners and will direct stores to registered market centers when settlement of tokens on public blockchain.
Tokenized supplies
Shares tokenization converts conventional shares to transferable digital tokens recorded on blockchain.
Proponents argue that the structure will cut off the charging fees, accelerate the settlement in almost real time and supports continuous trading.
Dinari registration meets long -term SEC requirements that secondary securities trading, whether tokenized or not, is undergoing licensed mediation doctors.
Coinbase and Kraken They also follow this approach. Kraken announced the launch and Business platform 24/7 for US stocksWhile recently coinbase SEARTED FEOPTION FROM SEC make the same offer.
Competitive background and the remaining obstacles
Despite pressure from companies to the offer of tokenized shares, obstacles persist. Last month, the World Economic Forum marked a shallow secondary market and the absence of united technical standards as the main obstacles for normal use.
OTTE acknowledged these gaps, but said that Dinari’s framework for a chain deal was to provide template regulators and industrial groups can refer to interoperability instructions.
Unlike retail brokers, such as Robinhood or Charles SchwabDinari puts its business and ties links into third -party platforms.
OTTE described the strategy as a model of “white labels” designed to allow companies to screw tokenized shares on the existing mobile applications without building blockchain infrastructure.
Dinari broker-dealer will start testing customers after completing the certificate of check and integrating a vault required according to the SEC 15C3-3 rule. The Company said it would publish updated technical specifications for its ERC-20 shares before starting.
