Dinari Raises $7.5 Million for Decentralized Stock Trading Platform

Dinari, which aims to provide access to real-world asset-backed tokens, has announced a $7.5 million seed investment ahead of the launch of its dShare platform outside the US.

Investors included SPEILLLP, a member of the Susquehanna International Group of Companies, 500 Global, and Balaji Srinivasan, Coinbase’s former Chief Technology Officer. Other backers in the round included Third Kind Venture Capital, Sancus Ventures and Version One VC.

Real Asset Tokenization (RWA) is a concept that has gained momentum among both crypto-natives and traditional financial players looking to leverage blockchain technology. Hamilton Lane, an investment management firm with $824 billion in assets under management and supervision, has now provided access to two of its funds through Securitize on the Polygon blockchain.

Founded in 2021, Dinari aims to provide blockchain-backed access to corporate capital via its dShare platform. The dShare platform offers non-US users access to securities like Apple or Tesla stock through a wallet on the Arbitrum network for regulatory reasons, Jake Timothy, Dinari’s co-founder and chief technology officer, said in an email to AskFX. Each dShare token is backed 1:1, similar to stablecoins like USDC or Tether.

“Our transparency page is accessible to everyone and we also provide a live feed of our broker accounts so our users can have full confidence in our 1:1 support.” In addition, we work with regulators on the around the world to ensure our offering meets stringent regulatory compliance requirements,” said Chas Rampenthal, Dinari’s co-founder and chief legal officer.