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.

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.

Now Tracked on STM

Republic Note ($NOTE)

Reports

State of Security Tokens 2023 - Q3 Report

The Security Token Advisors State of Security Tokens 2023 - Q3 report is brought to you by Security Token Market!

Shared through CoinDesk’s Crypto Long & Short, Peter Gaffney dives deep with updates from across the industry, from issuers to platforms to protocols. Take a read for analysis on common themes emerging for both primary and secondary markets!

This is not financial or investment advice.

TokenizeThis: Highlights and Key Takeaways Report

We’re proud to have put together a free, 3-day event that resulted in shared insights valuable to both our retail and institutional audiences. That said, we recognize 3 days is a lot of content to take in so we did it for you!

Check out our report highlighting the key takeaways from the conference, quotes, and common themes across the panels.