Tokenised equities
Dinari, market infrastructure, on Ethereum since August 2026.
Dinari Inc. is an SEC-registered transfer agent and Dinari Securities a FINRA/SIPC broker-dealer; dShares are backed one-for-one by shares in qualified custody, settled in USDC. Also on Arbitrum, Base (Ethereum-family) and Avalanche. SOURCE CAVEAT: the publisher is a crypto trade outlet rather than a top-tier wire; corroborating coverage exists but returned HTTP 429 on fetch. The figure is an instrument count, not a value.
In the record
0
months from first observation to the record's assessment of August 2026
4
market infrastructure rows in the record, this one included
45
rows filed to Ethereum by their sources
What it bears on
R3Do we know what this instrument is, legally, in every venue we operate?
needs design
ETH is a digital commodity in the United States and stablecoin law is in force. Market-structure legislation stalled, and jurisdictions are diverging.
R5Which network do we settle on, and how do we get out?
needs design
More than a hundred networks and no neutral selection framework. Our own record shows institutional issuance concentrated on mainnet, with layer twos carrying stablecoin float rather than funds.
R6Who is the counterparty when there is no counterparty?
needs design
An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.