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The tokenization company Dinari will launch an L1 blockchain.
Golden Finance reports that Dinari is leveraging 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 stocks across different Blockchains, similar to the role of DTCC in the US stock market. This move aligns with the trend of stablecoin issuers like Circle and payment companies like Stripe developing proprietary chains.