Dinari partners with Circle for tokenized stocks, Hyperliquid hits $218B July volume with TWAP upgrades, Mastercard completes BVNK acquisition, and major BTC/ETH holdings shift.
Tech & Launches ·
Dinari, a company founded by former Stripe and Apple engineers, partnered with stablecoin issuer Circle to bring tokenized stocks to U.S. investors. The partnership enables users to purchase and trade shares of S&P 500 companies through self-custody wallets using USDC, with each tokenized share directly linked to underlying securities held in regulated custody. Dinari positions itself as a bridge between the stablecoin market and the equities market, claiming broader access to U.S. stocks compared to competitors focused on niche or private assets.
The model replaces traditional brokerage infrastructure with blockchain-based settlement, allowing instant trades and portfolio transfers across supported platforms. Users receive tokenized shares with preserved rights including voting and dividend distributions. Meanwhile, Hyperliquid achieved $218B in perpetual trading volume during July, surpassing the combined volume of seven other leading decentralized exchanges, supported by protocol upgrades including enhanced TWAP order functionality.
Separately, Michael Saylor's Strategy sold 1,638 BTC for $105 million, reducing total holdings to 842,138 BTC, while BitMine expanded its Ethereum holdings by 10,399 ETH, bringing its position to 5.8M ETH. The regulatory status of Dinari's tokenized stock offering and Circle's involvement remain subject to completion of existing approval processes.