Dinari, a tokenization company, will launch L1 blockchain and is currently running a test network Foresight News reported that according to CoinDesk, Dinari, a tokenization company based in the United States, will launch the L1 blockchain, called the Dinari Financial Network, which aims to serve as a coordination and settlement layer for securities issued by other networks such as Arbitrarum. The network is custom built using the Avalanche (AVAX) technology stack. The testnet is currently running and is planned to be publicly released in the coming weeks. In June of this year, Dinari obtained registration as a broker dealer from the Financial Industry Regulatory Authority (FINRA) and was granted permission to tokenize National Market System (NMS) securities, providing a compliant solution for issuing token versions of US public stocks.