Sunday, June 22

Dinara, a startup specializing in enterprise financial services for crypto businesses, has unveiled a new service aimed at facilitating smooth exchanges between fiat currencies and stablecoins. Additionally, they have introduced Dinara Managed Wallet (DMW), an enhanced custody solution enabling clients to securely hold a wide array of new or less common tokens directly on their platform, including layer-1s and tokens not supported by traditional custodians.

The fully integrated platform provided by Dinara now offers clients a convenient way to send, receive, convert, and manage both crypto assets and fiat currencies, creating a frictionless experience for users. These new offerings were developed in response to rising demand from clients seeking to fully integrate their crucial financial services infrastructure. Moreover, the company has upgraded the platform to allow users to access key account information through API integration, ensuring a unified experience across all supported assets.

Laurence Latimer, co-founder and CEO of Dinara, expressed their commitment to meeting the evolving needs of their clients. Despite recent challenges, they firmly believe that cryptocurrencies will play a central role in the future of finance and that digital assets will be pivotal in driving innovation. The company’s mission is to simplify banking services for digital assets, catering to crypto companies and venture capitalists, ultimately providing clients with a more seamless and valuable experience.

Vai Gupta, co-founder and CTO at Bonfire, praised Dinara for their commitment to partnership and creating a best-in-class experience for clients. Working with Dinara has proven to be a game-changer for Bonfire, as they were able to bring their digital assets onto a more structured and secure platform, effectively diversifying their financial portfolio.

Overall, Dinara’s latest offerings and platform upgrades aim to provide crypto businesses with comprehensive financial services, making it easier for them to manage their assets and navigate between cryptocurrencies and traditional fiat currencies. The company remains dedicated to innovation and supporting the growth of the cryptocurrency ecosystem.

Read Also: Nasdaq Joins Crypto Custody Race, Set to Launch the Services by Q2 End

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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