Hassan Maishera
On Wednesday, the LayerZero team announced via X that Dinari, the leading provider of tokenized U.S. stocks, has integrated LayerZero to enable 200 tokenized equities, known as dShares, to move and settle seamlessly across blockchains.
Each Dinari dShare represents a single share of a U.S. public company, is fully backed 1:1, and is issued under the compliance framework of the Dinari Financial Network (DFN) -- which is a permissioned layer-1 network on Avalanche.
LayerZero is also adding Dinari’s Layer 1, the Dinari Financial Network (DFN), to the LayerZero protocol, connecting it to 154 blockchains. The DFN provides the compliance, settlement, and throughput standards required for institutional-grade trading.
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.273, down 0.30% in the last 24 hours.
