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Dinari will launch the L1 blockchain Dinari Financial Network

4 hours ago

On August 14th, as per CoinDesk, Dinari, a startup that offers blockchain-based U.S. stock trading services, is set to launch the L1 blockchain called Dinari Financial Network. The network is designed to serve as a coordination and settlement layer for securities issued on other networks such as Arbitrum and is custom-built using the Avalanche (AVAX) technology stack. The testnet is currently in operation, with the plan to go live publicly in the upcoming weeks. In June of this year, Dinari obtained a broker-dealer registration from the Financial Industry Regulatory Authority (FINRA) in the United States, enabling it to tokenize securities under the U.S. National Market System (NMS) and providing a compliant solution for issuing tokenized versions of U.S. publicly traded stocks.
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