Digital asset platform Fasset has partnered with Dinari to tokenize $1 billion of US equities, which are available to investors, according to a company statement.
Fasset is a Dubai-based blockchain firm. Dinari, through its blockchain-based tokenization technology, aims to enable investing in anything from anywhere.
In 2024, Fasset introduced Own, an Ethereum Layer 2, designed to facilitate decentralized finance globally.
The two companies claim there are currently only $15 million in tokenized equities globally, and thus, they are boosting this amount dramatically, describing it as the largest-ever tokenization of US securities.
Dinari’s “dShares” seek to provide global access for stocks, ETFs, REITs and other RWAs. Fasset’s licensed entities in the UAE, Indonesia, Malaysia, the EU, Turkey, Pakistan, and are expected to increase access to US equities for expanding investor segments worldwide.
José Fernando Pereira, Executive Director of Own, said that most people worldwide are unable to access US equities. This partnership brings direct access to US markets, which currently have limited availability and are only accessible at high fees and other hurdles.
“Tokenized real-world assets are one of the most in-demand digital asset use cases globally,” Mohammad Raafi Hossain, CEO and Co-Founder of Fasset, said. “We have already seen growing investor demand for these high-quality, compliant assets, and this partnership will fuel greater liquidity and market depth for tokenized assets.”
The equities tokenized by Dinari on Own will be available for trading in conjunction with Own’s mainnet launch in Q4 of 2025.