Dinari, a Crypto starting starting to focus on tokenization of real-world assets, has collected $ 12.7 million in a Serie A Financing round led by Hack VC and Blockchange Ventures with the backing of Vaneck Ventures, F-Prime and Avalanche Fund, according to a Fortune report.

The round brings California-based company’s total funding to $ 22.65 million, Fortune reports. Dinari allows companies to offer their users the opportunity to buy shares in larger US companies and funds through DShares, as it also provides on its platform.

These tokens are supported one-on-one of real shares purchased and held by Dinari. The company charges a subscription fee for access to its API, as it says has drawn a strong demand from Latin America, especially Argentina and Brazil, as well as growing interest in Africa and Southeast Asia.

The new capital will be used to strengthen compliance with rules in the markets where Dinari operates. While the company generates revenue, it refused to reveal numbers.

Dinari was not immediately available for comment at the time of the press.