Frontier AdoptionEvidence-graded tracking of what's actually live

Assets · Structured note · issued by Dinari

Dinari dShares (family)Updated 27 Oct 2026

Family record for Dinari's dShares, tokens each backed by a corresponding US stock or ETF held in custody, on Ethereum, Arbitrum, Avalanche and Base. RWA.xyz counted 688 stock tokens worth about $12m in October 2026; no single token reaches $10m, and no itemised list with names was available to record as members.

Asset sources[1][2][3][4][5]

~$12.23mSupply, 26 Oct 2026
4Networks
Dinari dSharesIssued by
0Also used by

Issued through Dinari dShares tokenised US stocks and ETFs Live (limited)

Classification · low confidence

Legal form
Structured note from issuance terms
Underlying
Listed equities
Value behaviour
Market price
Ledger role
Native
Legal labels
Tokens sold and repurchased by Dinari, Inc. under Regulation S (offshore sales); the repurchase is a contractual put right (United States)[3]; Digital derivatives linked to public equity securities, as offered to EU customers by Gemini's MFSA-authorised entity (Malta)[4]

Reclassified on 2026-10-27 from undisclosed after reading the Regulation S terms (Dec 2025). The terms pass eligible dividends to holders in stablecoins, but members are not itemised with values, so the dividend-paying share of the family is unknown (yieldBearing undisclosed). Ledger native: the terms define the token as a native digital asset held in the holder's own wallet, and name no other register for the tokens (Dinari is holder of record of the underlying shares, not of the tokens).

Sourced[3]. How assets are classified: methodology.

Contracts

No contract addresses recorded yet.

Sources

  1. [1]Dinari platform dashboard — RWA.xyz. Accessed 13 Oct 2026.A
  2. [2]Dinari Offers First U.S Tokenized Stocks Available in U.S. — Markets Media, 5 Aug 2026. Accessed 13 Oct 2026.C
  3. [3]Dinari, Inc. Terms and Conditions (sale and repurchase of Dinari Tokens), revised 26 Dec 2025 — Dinari, Inc., 26 Dec 2025. Accessed 27 Oct 2026. Linked from dinari.com/terms. Sales and repurchases by Dinari, Inc. under Regulation S. Holders have no right or title to the underlying asset but a claim to its value when the token is sold back; the repurchase is a contractual put right conferring no ownership interest in Dinari or the underlying, title to which stays with Dinari (or an affiliate or trustee). Underlying held in securities accounts in Dinari's name for the token programme, currently in a Bermuda segregated accounts company overseen by an independent representative on a wind-down. Eligible dividends paid in US-dollar stablecoins; no voting rights, Dinari is holder of record..B
  4. [4]Gemini's latest batch of tokenized stocks for EU customers includes Broadcom — Gemini, 23 Jul 2025. Accessed 27 Oct 2026. Gemini Intergalactic EU Artemis (MFSA-authorised) describes the tokenized stocks it offers in Europe as digital derivatives linked to public equities; the tokens are Dinari dShares, issued by Dinari..B
  5. [5]Tokenized stocks dashboard — RWA.xyz. Accessed 27 Oct 2026.A

More: structured note