Fasset Enters Strategic Partnership with USA-based Dinari to Offer Tokenized Securities
- The partnership allows UAE-based fintech startup Fasset to offer its global audience access to tokenized US Stocks and ETFs[1]
- 1:1 backed dShares[2] (Dinari Securities-Backed Tokens) will be tradable on Fasset’s digital asset exchange platform
Fasset and Dinari announced a strategic partnership to introduce Dinari’s dShares (defined by Dinari as 1:1 backed Real World Asset tokens of US stocks and ETFs), onto Fasset’s digital assets exchange platform available globally.
The move is set to broaden investor access to equity markets through blockchain technology and includes the listing of tokenized blue-chip stocks such as Apple, Nvidia, Tesla, Adobe, Uber, and many more.
Dinari’s expertise in issuing compliant and stable tokenized RWAs (Real World Assets) combined with Fasset’s secure fully-regulated digital assets exchange platform allows investors around the world to diversify their portfolios with innovative yet secure and ethical investment options.
The collaboration is aimed to give access to some of the world’s most trusted dShares to previously underserved investors, as well as build the foundations for a more inclusive financial ecosystem.
The partnership features numerous benefits to investors, including:
- Enhanced accessibility: Available to investors across Asia, who would previously be without the necessary 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 with the ability to trade round-the-clock.
- Increased flexibility: Tokenization can potentially increase the liquidity of traditionally illiquid assets, providing more flexibility for investors.
- Yield opportunities: The partnership equips investors with innovative portfolio diversification strategies, including dividend distributions, potential DeFi yield opportunities, and financial services previously gate-kept for institutional finance and Wall Street.
- Multiple payment options including Tether (USDT): Along with payments via debit and credit card, as well as Apple and Google Pay, Fasset users are able to purchase stocks with the Tether cryptocurrency stablecoin.
Mohammad Raafi Hossain, CEO and Co-founder, Fasset, said of the partnership: “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 and novel development for investors in many regions, as well as the blockchain space.
We’re thrilled about the utility this collaboration unlocks, and are dedicated to fostering a more inclusive, transparent investment environment.“
Gabriel Otte, CEO and Co-founder, Dinari, stated: “Our partnership with Fasset is a testament to our commitment to broadening access to premier investment opportunities.
This collaboration transcends mere platform integration, envisioning a future where investing is universally inclusive, transparent, and accessible. Together, we’re paving the way for a new era of investment, making market participation more transparent and fair for everyone.”
The partnership with Dinari also brings Fasset closer to realizing its vision of creating a real-world asset (RWA) protocol, IOWN. IOWN is the first Ethereum Layer 2 protocol built for the creation, management and distribution of tokenized RWAs.
The protocol enables seamless integration of RWAs – from commodities and real estate to publicly traded stocks and bonds – into a secure, transparent and compliant digital ecosystem.
Disclaimer: Please note that this press release does not constitute an offer or solicitation or recommendation or advice for the purchase or sale of any financial instrument or non-financial avenues or as an official confirmation of any transaction. Please consult your financial advisor for financial advice.
This press release serves only as information as received and as requested by the intended recipient.
No warranty is given as to completeness or accuracy of the information herein and the contents of this message are subject to change without notice.
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.