Dinari is using Avalanche's technology to launch its own blockchain to enhance the trading of tokenized public securities. The Dinari Financial Network aims to unify the clearing and settlement of tokenized shares on different blockchains, similar to DTCC's role in the US stock market. The move is in line with a trend of companies such as stablecoin issuer Circle and payments company Stripe developing proprietary blockchains.
Dinari, a blockchain based securities investment platform, announced on social media that the US stock market will be closed on Friday, March 29th due to a US public holiday. Dinari trading will resume at 9:30am Eastern Time on Monday, April 1st, and all pending transactions will be processed.