Dinari, Inc. Company Research Report

Company Overview

• Name: Dinari, Inc.

• Mission: To provide blockchain-backed access to corporate equity through a platform that enables seamless trading of stocks, bonds, and other financial securities as tokenized assets.

• Founded: 2021

• Founders: No specific founding members mentioned.

• Key People:

• Gabriel Otte, Co-founder

• Jake Timothy, Co-founder and CTO

• Chas Rampenthal, Chief Legal Officer

• Headquarters: Palo Alto, California, USA

• Number of Employees: 11-50 Employees

• Revenue: Specific revenue figures not available.

• Specialties: Blockchain, FinTech, Securities, Stocks, Public Equities, Smart Contracts, Decentralized Finance (DeFi), and Real World Assets (RWA).

• What is the Company Known For: Dinari is known for its Securities Backed Tokens (dShares) which provide direct exposure to traditional securities in a tokenized form, leveraging blockchain technology for trading and compliance.

Products

Overview

Dinari offers tokenized securities called dShares providing 1:1 backed exposure to assets like stocks and ETFs. Featured products include:

1. dShares

• Description: Tokenized assets representing stocks and ETFs. Each dShare token is backed 1:1 by real-world securities ensuring compliance and security.

• Key Features:

• Accessible across multiple blockchains including Ethereum, Arbitrum, and Base.

• Dividends are distributed to token holders.

• Utilizes a transparency page for users to view holdings and reserves.

• Offers Partner API to integrate with financial platforms.

2. USD+

• Description: A yield-bearing stablecoin backed 1:1 by US Treasury Bills, integrated using Chainlink's Cross-Chain Interoperability Protocol for seamless transfers.

• Key Features:

• Offers consistent yield powered by robust technology.

• Facilitates cross-chain transactions for more connected financial ecosystems.

Recent Developments

1. Expansion and Partnerships:

• Expanded the availability of dShares to blockchains including Base and Kinto.

• Launched Partner API and Managed Accounts Solutions to allow businesses to integrate blockchain-backed stock trading into their products.

• Introduced the Dinari Partner Portal for streamlined collaboration with developers and financial institutions.

2. New Products and Features:

• Launched new dShares, expanding access to commodities, bonds, and ETFs, including assets such as IAU, SIVR, and ETHE.

• Introduced Business Start Program and FinTech Developer Incentive Programs to foster industry-wide innovation.

3. Significant Funding:

• Raised $7.5 million in a seed investment round to support the development and expansion of the dShare Platform for markets outside the U.S.

4. Compliance and Security:

• Registered as an SEC transfer agent and continues to enhance compliance frameworks.

• Conducted successful audits for security and transparency.

5. Community and Industry Engagements:

• Active participation in industry forums such as the Real World Asset Summit and the Avalanche Summit.

• Initiated promotional activities like the '12 Days of dShares Giveaway' to increase engagement and accessibility to tokenized assets.

Dinari's approach emphasizes security, compliance, and the creation of a global marketplace for tokenized assets, aligning traditional finance solutions with decentralized finance innovation. The company actively supports innovation through partnerships and incentive programs designed to lower barriers in the fintech landscape.