Reference issuer, not Fensory inventory
Dinari dShares: what the instrument is and how it works
Dinari dShares are tokenized representations of US stocks and ETFs acquired through Dinari's regulated brokerage structure. A verified user receives a token in a wallet, while the underlying shares are held by a licensed securities custodian.
The structure in one view
| Instrument | Tokenized representations of US stocks and ETFs |
|---|---|
| Structure | Dinari Securities LLC describes itself as an SEC-registered, FINRA-member broker-dealer. Dinari states that the underlying shares are held by Alpaca Securities LLC and that dShares are backed one to one. |
| What the holder has | The token can be held in a verified wallet. That does not mean the underlying shares sit in that wallet: the shares supporting the product remain with the securities custodian. |
| Chains | Dinari supports onchain delivery, but the product page reviewed for this reference does not provide one consolidated, current list of every supported chain. |
| Eligibility | Availability depends on the Dinari entity, jurisdiction, identity checks and the specific product. Readers should use Dinari's current eligibility flow rather than infer access from a wallet address. |
| Fensory availability | Reference only. Not available through Fensory |
Hours, settlement and distributions
Access and trading hours
Dinari describes trading as available 24 hours a day, five days a week. Access requires identity verification and remains subject to jurisdiction and product eligibility.
Settlement and redemption
Dinari documents direct redemption through its product stack. The source reviewed for this page does not publish one universal settlement schedule for every distribution partner.
Dividends and corporate actions
Dinari states that dividends and stock splits are reflected for dShares holders under the product process and applicable deductions.
Why this issuer needs its own reference
Dinari uses a materially different legal and custody path from the two issuer families available in the Fensory app.
Calling every wallet-held token “self-custodied stock” hides the fact that the supporting shares remain with a regulated custodian.
Where Fensory fits
Dinari dShares are not currently available through Fensory. This page exists so readers comparing tokenized-stock structures can distinguish Dinari's broker-dealer and custodian model from xStocks, Ondo Stocks and Robinhood contracts.
What to check before using this product
- 01
Confirm which Dinari entity serves your country and which identity checks apply.
- 02
Read the terms for the exact dShare rather than assuming every symbol has identical availability.
- 03
Check the current chain and wallet support in Dinari before arranging onchain delivery.
- 04
Separate custody of the token from custody of the underlying shares.
Questions people ask
- Are Dinari dShares held in a wallet?
- The token can be delivered to a verified wallet. The underlying shares supporting it remain in custody with the securities custodian named by Dinari.
- Is Dinari a broker-dealer?
- Dinari Securities LLC describes itself as an SEC-registered, FINRA-member broker-dealer. Product access and the serving legal entity can vary by jurisdiction.
- When can Dinari dShares trade?
- Dinari describes dShares trading as available 24 hours a day, five days a week.
- How do Dinari dShares handle dividends and splits?
- Dinari states that dividends and stock splits are reflected under its product process, subject to applicable deductions and terms.
- Are Dinari dShares available through Fensory?
- No. Dinari is included as a reference issuer so readers can compare product structures. Fensory currently surfaces xStocks and Ondo Stocks in its app.