Dinari, a California-based crypto startup specializing in the tokenization of real-world assets, has raised $12.7 million in a Series A round led by Hack VC and Blockchange Ventures, with additional participation from VanEck Ventures, F-Prime, and the Avalanche Fund, according to a Fortune report. The latest round brings the company’s total funding to $22.65 million.
Founded with the goal of expanding access to U.S. equities through blockchain, Dinari enables users to invest in shares of major American companies and ETFs via its flagship product, dShares—on-chain tokens backed 1:1 by real-world stocks held by the company. The firm operates on a subscription-based model, providing API access to fintech partners, particularly in regions where access to U.S. financial markets is limited.
The demand for Dinari’s services is especially strong in Latin America, notably in Argentina and Brazil. The company is also seeing growing interest from Africa and Southeast Asia. According to PitchBook, Dinari was valued at $40.15 million in 2024. Although the company has confirmed it is generating revenue, it has not disclosed exact figures.
Dinari plans to use the new capital to bolster compliance and operational infrastructure across its active markets. By bridging traditional equities and blockchain technology, the company aims to empower global users with secure, tokenized access to the U.S. stock market.
