Web3 equity trading firm Dinari raises $7.5 million in seed funding

Quick Take

Investors include Third Kind Venture Capital, 500 Global and a former Coinbase CTO.

Web3 corporate equity trading firm Dinari secured $7.5 million in seed funding.

Investors in the round included Third Kind Venture Capital, 500 Global, former Coinbase CTO Balaji Srinivasan, Sancus Ventures, Version One VC and SPEILLLP, a member of the Susquehanna International Group of companies, according to a statement.

In addition to announcing the seed financing, Dinari also said it's launching a trading platform called dShare that will match tokens with underlying securities 1:1 to allow users to gain exposure to publicly funded corporate equity.

The service will not available in the U.S.

Corporate equity markets

"With the ex-US launch of our dShare Platform, we are leveraging blockchain to democratize access to corporate equity markets in a transparent, fully asset-backed manner,” said Chas Rampenthal, co-founder and Chief Legal Officer of Dinari.

"Furthermore, we are working with regulators from all around the world to ensure that our offering complies with rigorous regulatory compliance requirements.”