Dinari Secures $12.7 Million Series A to Expand Blockchain Finance – Coincu
The post Dinari Secures $12.7 Million Series A to Expand Blockchain Finance – Coincu appeared on BitcoinEthereumNews.com. Key Points: Dinari raises $12.7 million in Series A led by Hack VC. Valuation pegged at $40.15 million for 2024 without current figures. Focuses on tokenizing U.S. stocks for global investors. Dinari Secures $12.7 Million Series A to Expand Blockchain Finance Dinari, a blockchain finance company, announced on May 1, its successful completion of a $12.7 million Series A funding round led by Hack VC and Blockchange Ventures. The funding underscores Dinari’s commitment to democratizing access to U.S. equity markets for overseas investors. The firm tokenizes U.S. stocks via blockchain. $12.7 Million Series A Elevates Dinari’s Market Position The funding round led by Hack VC and Blockchange Ventures, with contributions from VanEck Ventures, F-Prime, and the Avalanche Fund, increases Dinari’s total financing to $22.65 million. Dinari, co-founded by Gabriel Otte, aims to provide overseas investors efficient access to U.S. equities. The company issues tokens representing U.S. stocks, with the goal of eventually tokenizing all stocks and assets. Dinari’s approach ensures 100% backing by directly purchasing and holding stocks in the U.S. market. The valuation of $40.15 million for 2024 highlights potential growth expectations; however, current valuation numbers remain unspecified. Dinari states it has reached profitability. Tokenization of stocks could broaden global investor access and potentially reduce costs associated with traditional mechanisms like depository receipts. Tokenization’s Potential to Transform Global Equity Access Market reactions highlight growing confidence in Dinari’s model, especially with its focus on regulatory compliance and asset backing. Gabriel Otte remarked on the significance of seamless access, “We’re allowing people access…in a way they didn’t have before.” Market Analysis suggests the tokenization of U.S. equities addresses a significant pain point for global investors by potentially removing intermediaries, reducing costs, and increasing access to the world’s largest capital markets. Historical Context, Price Data, and Expert Insights Did you know? Dinari’s…
The post Dinari Secures $12.7 Million Series A to Expand Blockchain Finance – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Dinari raises $12.7 million in Series A led by Hack VC. Valuation pegged at $40.15 million for 2024 without current figures. Focuses on tokenizing U.S. stocks for global investors. Dinari Secures $12.7 Million Series A to Expand Blockchain Finance Dinari, a blockchain finance company, announced on May 1, its successful completion of a $12.7 million Series A funding round led by Hack VC and Blockchange Ventures. The funding underscores Dinari’s commitment to democratizing access to U.S. equity markets for overseas investors. The firm tokenizes U.S. stocks via blockchain. $12.7 Million Series A Elevates Dinari’s Market Position The funding round led by Hack VC and Blockchange Ventures, with contributions from VanEck Ventures, F-Prime, and the Avalanche Fund, increases Dinari’s total financing to $22.65 million. Dinari, co-founded by Gabriel Otte, aims to provide overseas investors efficient access to U.S. equities. The company issues tokens representing U.S. stocks, with the goal of eventually tokenizing all stocks and assets. Dinari’s approach ensures 100% backing by directly purchasing and holding stocks in the U.S. market. The valuation of $40.15 million for 2024 highlights potential growth expectations; however, current valuation numbers remain unspecified. Dinari states it has reached profitability. Tokenization of stocks could broaden global investor access and potentially reduce costs associated with traditional mechanisms like depository receipts. Tokenization’s Potential to Transform Global Equity Access Market reactions highlight growing confidence in Dinari’s model, especially with its focus on regulatory compliance and asset backing. Gabriel Otte remarked on the significance of seamless access, “We’re allowing people access…in a way they didn’t have before.” Market Analysis suggests the tokenization of U.S. equities addresses a significant pain point for global investors by potentially removing intermediaries, reducing costs, and increasing access to the world’s largest capital markets. Historical Context, Price Data, and Expert Insights Did you know? Dinari’s…
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