Dinari raises $7.5 million for its dShare Platform

The tokenization of real-world assets is a concept that has gained popularity among crypto natives as well as traditional finance (TradFi) players looking to make use of blockchain technology

Dinari, which aims to provide access to real-world asset backed tokens, has announced a $7.5 million seed investment prior to the ex-U.S. launch of its dShare Platform.

Investors included SPEILLLP, a member of the Susquehanna International Group of companies, 500 Global and Balaji Srinivasan, the ex-CTO of Coinbase. Other backers in the round included Third Kind Venture Capital, Sancus Ventures and Version One VC.

The tokenization of real-world assets (RWA) is a concept that has gained popularity among crypto natives as well as traditional finance (TradFi) players looking to make use of blockchain technology. Hamilton Lane, an investment-management company with $824 billion in assets under management (AUM) and supervision, has now provided access to two of its funds via Securitize on the Polygon blockchain.

Founded in 2021, Dinari wants to provide blockchain-backed access to corporate equity via its dShare platform. The dShare platform offers access to securities like Apple or Tesla stock through a wallet on the Arbitrum network for users outside the US because of regulatory reasons, Jake Timothy, the co-founder and CTO of Dinari, informed CoinDesk. Each dShare token is 1-1 backed like stablecoins such as USD Coin or Tether.

Our transparency page is accessible for anyone to view, and we also provide a live feed of our brokerage accounts so that our users can have every confidence in our 1-1 backing. Moreover, we are working with regulators from all around the world to make sure that our offering complies with diligent regulatory abidance obligations, stated Chas Rampenthal, the co-founder and CLO of Dinari.