Dinari launches tokenized S&P 500 stocks for US self-custody wallets using USDC

Published: August 4, 2026 — The Block

Dinari said it has become the first company to allow eligible U.S. investors to trade over 700 tokenized stocks using USDC through self-custody wallets, via partnership with Circle. Full S&P 500 available as dShares onchain.

Structure & risks

• dShares backed by corresponding security held in qualified custody
• Company warned markets for tokenized securities may be limited — harder to sell at desired time/price
• CEO Gabriel Otte: bridges investing and digital assets while preserving traditional capital-markets protections
• ~1 year earlier Dinari claimed first U.S. authorization for tokenized-equity platform of its kind