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  • 🍔 Dinari Tokenizes McDonald’s, Yum! Brands, and More

🍔 Dinari Tokenizes McDonald’s, Yum! Brands, and More

🏦 SDX Makes Aktionariat Tokens Bankable

Goooood Morning, Rainmakers! ☀️

As always, we have two captivating topics for you to dive into:

1️⃣ 🍔 Dinari Tokenizes McDonald’s, Yum! Brands, and More

2️⃣ 🏦 SDX Makes Aktionariat Tokens Bankable

Without further ado, it's time to…

Get Liquid 💧

Your First Captivating Topic of the Week

🍔 Dinari Tokenizes McDonald’s, Yum! Brands, and More

Dinari is starting the week off strong as today they announce the closing of a $10M seed funding round AND 3 new dShares digital assets available on Arbitrum One: MCD (McDonald's), YUM (Yum! Brands), and WGMI (Valkyrie WGMI Bitcoin Miners ETF).

This is in addition to previously tokenized stocks such as Coinbase, Tesla, and more! The goal is to create access for investors outside the US to level the playing field. These tokens are backed 1:1 via a custodian, with reserve audits.

Details of the new dShares:

  • MCD (McDonald's): Tokenized shares in the world's largest fast-food chain, known for its global dominance and steady financial performance.

  • YUM (Yum! Brands): Representing ownership in the multinational corporation behind popular fast-food entities including Taco Bell, KFC, and Pizza Hut.

  • WGMI (Valkyrie WGMI Bitcoin Miners ETF): ETF offering broad exposure to the sector of Bitcoin mining and indirectly the cryptocurrency sector in general.

I’ll be interviewing Dinari’s Chief Legal Officer Chas Rampenthal and Chief Technology Officer Jake Timothy on this morning’s episode of the Security Token Show, live streaming at 9am EST on our YouTube, LinkedIn, and Twitter. Join us to learn more!

Your Second Captivating Topic of the Week

🏦 SDX Makes Aktionariat Tokens Bankable

STM Data Partnership Network member Aktionariat had their tokens recently launched on SIX Digital Exchange (SDX)’s on-chain central securities depository (CSD). Note: These tokens were already issued on Ethereum.

SIX Digital Exchange (SDX) is fully regulated financial market infrastructure for digital assets in Switzerland which offers issuance, trading, settling, and custody all in one platform.

What does this mean?
Aktionariat has tokenized lots of Swiss companies which we track as they’re a data partner. Their process caters to a crypto-savvy community, however this prevents more risk-averse institutions from partaking which means less liquidity to go around. Through SDX, institutions can access the same shares but in an environment they’re already familiar with such as a CSD.

With this transaction, the involved players from the traditional finance world are proving that they are open to the integration of assets that were originally issued on an open, permissionless blockchain

Nicola Plain, CEO of Aktionariat

This announcement, for which Berner Kantonalbank (BEKB) acted as the issuer agent and custodian, revolves around Aktionariat’s own shares, however if proven a success, I don’t see why they wouldn’t do the same with other equity shares tokenized on Aktionariat’s platform such as Boss Info AG, vidby Shares AG, and RealUnit shares to name a few.

💦 What else is Drippin’

Now Tracked on STM

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Reports

State of Security Tokens 2023 - Q3 Report

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