WisdomTree Floating Rate Tokenized Treasury Fund (Dinari) price

USFR.D

Dinari dShares are RWA tokens issued by Dinari, an SEC registered Transfer Agent. These assets have 1:1 backing of Google stock shares in a transparent treasury vault with regular audits. Qualifying dShare holders are eligible to recieve dividends paid out by the underlying asset where applicable.

Dinari was founded by Gabirel Otte, Chas Rampenthal, and Jake Timothy to foster financial inclusion, create more efficient markets, and level the playing field for retail and business investors globally.

Dinari assets are unique to both blockchain and traditional finance for a number of reasons. All Dinari dShares maintain a 1-to-1 backing with underlying assets, eliminating borrowing risk in traditional finance. dShares directly represent real shares, ensuring utmost transparency. Dinari assets also mitigate hypothecation risk, enhancing safety. The tokenizatized nature of dShares offers technical advantages over centralized equities, including rapid transferability, instant settlement, 24/7 trading, and fractional ownership, increasing accessibility and liquidity.

The number of any Dinari dShare asset depends on how many shares have been minted or burned. The circulation of the underlying asset the dShare is based on is determined by the underlying company and how they issue their shares, which is equivalent to the theoretical maximum possible circulating supply of corresponding dShares.

Dinari assets are secured through a number of mechanisms. All dShares are backed 1:1 by the underlying asset, with regular external audits by a Big 4 Accounting firm to verify their contents. Additionally, Dinari employs a legal wrapper to shield the assets from potential claims in case of bankruptcy, ensuring allocation to token holders. Dinari also conducts regular smart contract audits to mitigate technical risks.

For a detailed breakdown of asset holdings, users can visit Dinari's transparency page at https://www.dinari.com/transparency.

Dinari dShare assets can be minted and burned in the Dinari dApp at sbt.dinari.com. As ERC-20 tokens, dShares are theoretically in DeFi protocols such as DEXs, AMMs, etc.