blockchain financial company Dinari announced the completion of a $12.7 million Series A financing round, led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund. The company's total financing amount has reached $22.65 million, with a valuation of $40.15 million in 2024. According to Pitchbook's data, Dinari's valuation in 2024 was $40.15 million. The current valuation is not clear, but the company has stated that it is profitable, although they have refused to disclose specific amounts. Dinari focuses on providing US stock investment services to overseas investors by issuing tokens representing ownership of US stocks through blockchain technology. Its API services have been integrated into multiple fintech platforms, allowing users to purchase tokens corresponding to stocks of companies like Apple. Dinari will directly purchase and hold the corresponding stocks in the US stock market, ensuring 100% asset backing.
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Blockchain financial company Dinari completes $12.7 million Series A financing, led by Hack VC and others
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