Dinari | Crypto

Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed equities and expanding their availability to investors in international markets. South Korea’s Kakaopay Securities is partnering with tokenization firms Dinari and Ondo Finance to explore bringing Korean-listed stocks onchain and distributing them to investors in international markets. Kakaopay announced separate agreements with Dinari and Ondo on Tuesday, covering the sourcing of underlying Korean shares, tokenization infrastructure and their potential distribution outside South Korea. Under the Dinari partnership, the companies will run a proof of concept using Dinari’s dShares model, which is designed to preserve applicable shareholder rights, including dividends and voting. Dinari offers 724 tokenized US stocks and ETFs through dShares, with the Kakaopay partnership exploring an extension of the model to Korean-listed equities. Read more

Dinari secured a US broker-dealer registration for its subsidiary, becoming the first platform cleared to offer blockchain-based shares of publicly traded companies to domestic investors, Reuters reported on June 26. The San Francisco firm stated that it will activate the licensed entity during the next quarter, following completion of onboarding with the Securities and Exchange […] The post Dinari wins broker-dealer license to roll out tokenized stocks across US platforms appeared first on CryptoSlate.