Dinari, a company aiming to provide access to real-world asset-backed tokens, has raised a $7.5 million seed investment ahead of the ex-U.S. launch of its dShare Platform. The round was backed by SPEILLLP, a member of the Susquehanna International Group of companies, 500 Global, Balaji Srinivasan, Third Kind Venture Capital, Sancus Ventures, and Version One VC.
The tokenization of real-world assets (RWA) is becoming increasingly popular among both crypto natives and traditional finance players. 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’s dShare platform offers access to securities such as Apple or Tesla stock using a wallet on the Arbitrum network for users outside the United States. Each dShare token is 1-1 backed similar to stablecoins like USDC 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,” said Chas Rampenthal, Dinari co-founder and chief legal officer.