Fasset and Dinari Partner to Offer Tokenized Securities
Fasset, a UAE-based fintech startup, has entered into a strategic partnership with USA-based Dinari to introduce Dinari's dShares (1:1 backed Real World Asset tokens of US stocks and ETFs) on Fasset's digital asset exchange platform. This collaboration aims to enhance global investor access to equity markets through blockchain technology.
Dinari's expertise in issuing compliant and stable tokenized RWAs (Real World Assets) combined with Fasset's secure, fully-regulated digital assets exchange platform will allow investors worldwide to diversify their portfolios with innovative, secure, and ethical investment options. The partnership will include tokenized blue-chip stocks such as Apple, Nvidia, Tesla, Adobe, and Uber.
Key Benefits for Investors:
- Enhanced Accessibility: Available to investors across Asia who previously lacked platforms to access US equities.
- Lower Minimum Buy-In: dShares on Fasset’s platform can be traded in fractional shares, lowering the entry barrier for everyday investors.
- 24-Hour Trading: Fasset empowers investors to trade round-the-clock.
- Increased Flexibility: Tokenization potentially increases the liquidity of traditionally illiquid assets.
- Yield Opportunities: Innovative portfolio diversification strategies, including dividend distributions and potential DeFi yield opportunities.
- Multiple Payment Options: Including Tether (USDT), debit and credit card, Apple Pay, and Google Pay.
Mohammad Raafi Hossain, CEO and Co-founder of Fasset, said, "Aligning with Dinari marks a pivotal moment in our quest to provide the best investment tools and opportunities on the market to our clients. The fusion of Dinari's asset-backed investments with our platform's extensive reach and robust features is an exciting development for investors in many regions, as well as the blockchain space. We are dedicated to fostering a more inclusive, transparent investment environment."
Gabriel Otte, CEO and Co-founder of Dinari, added, "Our partnership with Fasset is a testament to our commitment to broadening access to premier investment opportunities. Together, we are paving the way for a new era of investment, making market participation more transparent and fair for everyone."
This partnership also brings Fasset closer to realizing its vision of creating a real-world asset (RWA) protocol, IOWN, the first Ethereum Layer 2 protocol built for the creation, management, and distribution of tokenized RWAs.
Disclaimer: This press release does not constitute an offer or solicitation or recommendation or advice for the purchase or sale of any financial instrument. Please consult your financial advisor for financial advice. All investments involve risk. Digital assets have variable value, can’t be guaranteed, and can be highly volatile. Past performance does not guarantee future returns.
