Dinari to Launch L1 Blockchain for Securities Coordination

According to Foresight News, U.S.-based tokenization company Dinari is set to introduce the Dinari Financial Network, an L1 blockchain designed to serve as a coordination and settlement layer for securities issued on networks like Arbitrum. This blockchain is custom-built using the Avalanche (AVAX) technology stack. The testnet is currently operational, with plans for a public release in the coming weeks. In June of this year, Dinari secured broker-dealer registration from the U.S. Financial Industry Regulatory Authority (FINRA). This approval allows the company to tokenize securities from the U.S. National Market System (NMS), providing a compliant solution for issuing tokenized versions of publicly traded U.S. stocks.