# @BanklessHQ: Dinari founder on tokenized stocks, broker-dealer licenses

Source: https://x.com/BanklessHQ/status/1944728587975721206
Kiwi News: https://news.kiwistand.com/stories/BanklessHQ-Dinari-founder-on-tokenized-stocks-broker-dealer-licenses?index=0x68754c9c87f30d1efe774d2bc5f0d4d648f9ba64a02f0a00d26187d9e5896e334262f835
Submitted by pedrovilela.eth on 2025-07-14 UTC, 1 upvote, 0 comments

## Summary

This video episode of BanklessHQ features Dinari founder Gabe Otte discussing the current state of tokenized stocks and whether they are real yet. The episode covers how Dinari secured the first broker-dealer license for tokenized public shares, the regulatory hurdles that make tokenized stocks complex, and the limitations of current offerings. It also touches on Robinhood's moves and whether true DeFi composability is possible for equities.

## Article

LIVE NOW - Are Tokenized Stocks Real?

Tokenized stocks have long been a crypto dream, but are they real yet? 

@GabeOtte , founder of @DinariGlobal, joins to break down the current landscape. 

We cover what tokenized stocks actually are, why regulatory hurdles make them complex, how Dinari secured the first broker-dealer license for tokenized public shares, and what this means for on-chain finance. 

We also explore the limitations of current tokenized stock offerings, @RobinhoodApp's moves, and whether true DeFi composability is possible for equities.

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TIMESTAMPS

0:00 Intro
4:08 Tokenized Stocks 101
5:47 Why is it Taking so Long?
8:48 Traditional Stocks Infra
24:07 Broker Dealer Licenses
27:55 Dinari Tokenized Stocks
30:48 What is an ATS?
32:51 What about Exchanges
35:13 Tokenization Benefits
47:16 Pitching to Wall Street
51:49 The State of Tokenized Stocks
1:03:48 Hype or Real?
1:07:15 Stablecoin Analog
1:10:25 Tokenizing Private Companies
1:17:07 New SEC
1:21:04 What’s Next?
1:23:03 Cancer Research to Crypto
1:28:43 Closing & Disclaimers