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Dinari Secures $7.5 Million for Blockchain-Powered Stock Trading Platform

August 18, 2023
x min read

Dinari, headquartered in Palo Alto, California, has secured $7.5 million in seed funding for its blockchain-powered stock trading platform.

The investment comes from prominent backers including Third Kind Venture Capital, SPEILLLP, 500 Global, Balaji Srinivasan, Sancus Ventures, and Version One VC.

The big idea:

  • Dinari has developed what they call a 'dShare' trading platform, which provides direct on-chain exposure to publicly-traded companies and assets
  • Each Dinari token is backed 1:1 by those underlying securities
  • By tokenizing publicly traded equities, the Dinari platform is designed to enable users outside the United States to have an on ramp to traditional market exposure in a safe, transparent manner
  • Dinari also provides public access to all trades and total vault holdings per asset to promote full on chain transparency
  • The company has been an authorized SEC transfer agent since 2022

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