On Thursday, the Avalanche Foundation announced via a blog post that Dinari, the leading provider of tokenized U.S. public securities, has launched the Dinari Financial Network.
This is the first Layer 1 blockchain designed to enable omni-chain liquidity and settlement for Dinari’s partner network, and it is built on Avalanche while also powered by Avacloud.
By launching on Avalanche, the network deepens liquidity across chains, synchronizes onchain and traditional financial infrastructure, and accelerates Dinari’s mission to deliver global access to regulated, programmable equities.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down 3.2% today and currently trades at $24.75 per coin.