Key Highlights:

• Dinari’s Series A funding round has raised $12.7 million, bringing total funding to $22.65 million, supported by Hack VC and Blockchange.
• The startup allows companies to enable users to buy shares in major U.S. firms and funds via dShares, which are directly supported by real shares.
• The new investment aims to strengthen compliance with regulations in the regions Dinari operates in.

Dinari, a company pioneering in the tokenization of real-world assets, announced it has raised $12.7 million in a Series A funding effort led by Hack VC and Blockchange Ventures, along with backing from VanEck Ventures, F-Prime, and the Avalanche Fund. This round elevates Dinari’s total funding to $22.65 million, according to a report by Fortune.

The firm facilitates businesses in offering users access to purchase shares in significant U.S. companies and funds through dShares, made available on its platform. These tokens are guaranteed one-for-one by actual shares bought and held by Dinari, which also collects a subscription fee for its API service to cater to the high demand from regions including Latin America (notably Argentina and Brazil) and increasing interest from Africa and Southeast Asia.

The new funds will be utilized to enhance compliance protocols for the markets where Dinari operates. Although the firm has reported revenues, exact figures remain undisclosed.

Note: The company was not reachable for a comment at the time of publication.