Dinari Secures $12.7 Million to Revolutionize Global Investment with Onchain Access to the US Stock Market
Dinari, an innovative FinTech company, is making headlines with its recent Series A funding round, which secured an impressive $12.7 million. This funding will greatly enhance Dinari’s mission to provide global access to US equities through blockchain technology.
Funding Details and Investor Support
The Series A funding round was spearheaded by Hack VC and Blockchange Ventures, with additional investments from VanEck Ventures, F-Prime Capital, Blizzard (Avalanche Fund), and several other strategic partners. This new capital injection elevates Dinari’s total funding to $22.65 million.
What Does Dinari Offer?
Dinari specializes in creating tokenized versions of US equities and exchange-traded funds (ETFs), referred to as dShares™. These digital assets can be accessed through a single API, supported by SEC-registered infrastructure, including Registered Transfer Agent status. Currently, Dinari’s technology is operational in over 60 countries, spanning regions like:
- Latin America
- The Middle East and North Africa
- Southeast Asia
Overcoming Barriers in Global Investment
Dinari aims to dismantle the obstacles that hinder global investors from participating in US financial markets. These barriers include:
- Complex onboarding processes
- High transaction costs
- Regulatory constraints
Future Plans for Expansion
With the new funding, Dinari plans to:
- Expand its range of tokenized assets
- Enhance its infrastructure to accommodate increasing international demand
- Strengthen partnerships with institutional players
Dinari positions itself as a vital infrastructure layer to meet the rising demand for tokenized real-world assets.
Vision for the Future of Finance
Wyatt Lonergan, General Partner at VanEck Ventures, remarked on Dinari’s potential, stating, “Dinari’s innovative approach to tokenized securities represents the future of global finance. Now anyone with an internet connection can access the U.S. financial system, unlocking investment opportunities that were previously confined by geographic and regulatory limitations.”
For more insights on the impact of blockchain in finance, check out this Forbes article.