DORRS MARKET INTELLIGENCE
Cadence Design Systems, Inc. Common Stock Dinari dShares
ASSET PROFILE
Business description
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions. Cadence Design Systems, Inc. Common Stock Dinari dShares provides blockchain-based exposure to the listed underlying security CDNS. Dinari represents that each dShare is backed 1:1 by the corresponding underlying security and supports on-chain transfer, settlement, redemption, and applicable corporate actions.
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