Dinari has expanded access to 724 tokenized US equities, branded as dShares, for eligible US investors, with dividend payments now settled natively in USDC. The firm stops short of offering 24/7 trading or T+0 settlement, citing pending regulatory requirements, keeping the product within current SEC and FINRA frameworks. The offering represents a meaningful broadening of on-chain capital markets instruments available to institutional and retail participants.
For Armada's crypto repo desk, tokenized equities are not currently in collateral scope, but the trajectory is notable: if tokenized T-Bills already qualify as eligible collateral, counterparties may soon propose tokenized equities as a next step. Establishing a clear policy boundary now, before demand arises, prevents ad hoc decisions under deal pressure. Flag to the collateral policy team for inclusion in the next collateral eligibility review.