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Home»BLOCKCHAIN NEWS»Dinari secures $10 million in seed funding, expands cryptocurrency asset offerings
BLOCKCHAIN NEWS

Dinari secures $10 million in seed funding, expands cryptocurrency asset offerings

By Crypto FlexsJanuary 24, 20242 Mins Read
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Dinari secures  million in seed funding, expands cryptocurrency asset offerings
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Recently, Dinari, a blockchain-based securities investment platform, presentation This is a significant milestone as we secure $10 million in seed funding in the fourth quarter of 2023. This large investment round saw participation from renowned companies including 500 Global, Balaji Srinivasan, Alchemy Platform, Version One Ventures, and Sancus Ventures. . This financial injection is poised to strengthen Dinari’s growth and innovation in the rapidly evolving blockchain and cryptocurrency landscape.

The company has made progress in expanding its offering, particularly through the introduction of Real World Assets (RWAs) of US stocks, ETFs and other assets that support the Arbitrum One network on a 1:1 basis. This movement is a combination of traditional finance (TradFi) and Decentralized Finance (DeFi) allows users to more easily access and invest in existing asset classes through blockchain-based platforms.

Further strengthening its product line, Dinari has expanded its dShare offering by incorporating new cryptocurrency-themed assets into Arbitrum. This includes over 10 new dShares that are now available to users. These dShares provide on-chain users with access to cryptocurrency-related stocks and ETFs, including the innovative Bitcoin ETF, along with their respective dividends. This development is consistent with Dinari’s commitment to providing a comprehensive and user-friendly platform for trading and investing in both traditional and cryptocurrency-focused assets.

Dinari’s expansion doesn’t end here. The company has already hinted at more significant updates in the coming weeks, and promised to keep users and investors updated via its social media channels. This proactive communication strategy keeps all stakeholders informed of the latest asset, product, and partnership announcements.

For those interested in learning more about Dinari and dShares, the company offers resources on its website and invites interested people to join the conversation on its Discord server. This approach not only provides comprehensive information about the product, but also fosters an informed and engaged community of users and investors.

In conclusion, Dinari’s successful funding round and launch of the new dShare asset represent a notable step forward in the integration of traditional and digital asset markets. The company’s focus on innovation, accessibility, and transparency will have a significant impact on the trading and development options available for traditional financial assets in the blockchain space.

Image source: Shutterstock

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