All Updates

All Updates

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Funding
Dinari raises USD 10 million in seed funding to support innovation and growth
Decentralized Finance (DeFi)
Jan 24, 2024
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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

Jan 24, 2024

Dinari raises USD 10 million in seed funding to support innovation and growth

Funding

  • Dinari, a platform facilitating securities investment via blockchain, has secured USD 10 million in a seed funding round in Q4 2023, from investors including 500 Global, Balaji Srinivasan, Alchemy Platform, Version One Ventures, and Sancus Ventures.

  • The company intends to use the funds to enhance innovation and support growth.

  • The company expanded its product offerings by introducing Real World Assets (RWAs) like US stocks and ETFs, linked on a 1:1 basis on the Arbitrum One network. This move merges traditional finance with decentralized finance, offering users blockchain-based access to conventional assets.

  • Dinari also grew its dShare offerings on Arbitrum, adding over 10 new crypto-themed assets, including Bitcoin ETFs, enabling users to invest in crypto-related stocks and ETFs with dividend benefits.

  • Dinari is a blockchain-powered platform that specializes in the tokenization of RWAs, primarily focusing on corporate equity. Dinari's key offering is its dShare platform, which enables users to access and trade in corporate equity securities. The platform reportedly ensures transparent blockchain transactions, provides immutable proof of ownership, and allows for the instantaneous settlement of trades.

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