Dinari dShares stock tokens have finally opened on-chain trading channels, and currently, approximately $200,000 in liquidity has been added for MSTR.d on Arbitrum – Uniswap.
Dinari is one of the earlier projects in this batch to tokenize stocks, with the first stock token, Apple Inc. - Dinari, deployed as early as February 2024. However, it previously only operated through its official website using its issued USD+ for trading, which was relatively limited in scale.
Over the past year, Dinari has deployed a total of 129 types of dShares stock tokens. These can be categorized into stock tokens, industry/asset class ETF tokens, strategy ETF tokens, and REITs tokens.
In the future, stock tokens will be mixed like the various stablecoins we see today. The key points are:
First, liquidity; who will provide the liquidity for stock tokens in terms of coin-based and USD-based liquidity;
Second, high-leverage stock token perpetual contracts, which will give rise to new on-chain perpetual trading models;
Third, distribution channels; similar to which stablecoin different exchanges use as their main trading pair. xStocks has the widest distribution channels among exchanges, including Kraken and Bybit; Dinari has Gemini; Robinhood has Robinhood EU and Bitstamp; and it is expected that Binance will support stock tokens on the BNB Chain.
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