Dinari, a protocol for tokenized securities, has integrated the LayerZero interoperability solution to allow its tokenized U.S. stocks, known as dShares, to trade and settle across multiple blockchains. The initial rollout makes 200 tokenized stocks available on four different chains, with plans to expand across LayerZero’s entire network.

With a total value locked of approximately $45 million, Dinari offers dShares that are each backed 1:1 by the underlying security. The integration uses LayerZero’s Omnichain Fungible Token (OFT) standard, which enables the assets to transfer seamlessly between blockchains without creating separate, wrapped versions. This approach is designed to maintain a unified token supply and prevent liquidity fragmentation.

Bridging Traditional Finance and On-Chain Trading

The collaboration aims to connect established market infrastructure with the growing world of on-chain equity trading. In this system, Dinari manages the compliance and settlement framework, while LayerZero provides the technology to support higher trading volumes and smooth cross-network activity.

Gabe Otte, CEO of Dinari, explained that the platform delivers the necessary infrastructure for tokenized equities to function at market scale. He stated that LayerZero connects that infrastructure to global liquidity, creating a system where real U.S. equities can move across chains while maintaining the compliance and protections investors expect.

A Market Gaining Momentum

Dinari has secured $22.65 million in funding from investors that include VanEck Ventures and Hack VC. Earlier this year, the company also obtained a license from the Securities and Exchange Commission (SEC) to operate as a registered transfer agent, a move that allows it to help banks and fintech firms offer tokenized U.S. stocks to a global audience.

This integration arrives as on-chain trading platforms are seeing a notable increase in activity. For instance, the perpetuals exchange TradeXYZ recently surpassed $200 million in 24-hour volume following a surge in trading around Nvidia’s earnings. The trend is further highlighted by Nasdaq’s recent filing to list tokenized equities, signaling growing interest from traditional markets. Despite the momentum, some experts caution that merging blockchain-based settlement with legacy financial systems could prove to be a slow and complex process.