Dinari’s tokenized ETFs add $1.8M in market cap in 24 hours

Dinari, the San Mateo-based platform that wraps US equities and ETFs into ERC-20 tokens, saw its tokenized fund products gain $1.8 million in market cap over the past 24 hours. The jump pushes Dinari’s total issued assets to approximately $42.6 million in market cap across roughly 482 assets spread over multiple chains, including Ethereum and Arbitrum. Funds and ETFs make up the lion’s share of that figure, accounting for around $22.3 million of the total. How dShares actually work Dinari’s core product is called dShares. Each one is an ERC-20 token representing 1:1 ownership of a real underlying US stock or ETF, carrying the same rights as holding the actual security: dividends, corporate actions, voting rights. The underlying assets sit in regulated custody with licensed broker-dealers. Dinari operates as a registered broker-dealer and transfer agent, classifying its products as securities under US federal law. That means the tokens are restricted to eligible investors. Transactions on the platform happen through USDC, and investors can hold their dShares in self-custody wallets. Among the standout tokenized ETFs, USFR.d carries a market cap in the range of $10 million to $11.75 ...