Assets/EMRD

DORRS MARKET INTELLIGENCE

Emerson Electric Co. Dinari dShares

EMRDEquityDinari
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ASSET PROFILE

Business description

CDI CDI-3051304416

Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands. Emerson organizes its business into seven segments that sell a wide range of automation software, power tools, and automation hardware such as valves, gauges, and switches. In recent years, Emerson divested its climate technology and consumer businesses to become more of a pure-play industrial automation company. The automation of a factory is an enticing long-term proposition for manufacturers, helping reduce accident rates and raise uptime and productivity. Emerson Electric Co. Dinari dShares provides blockchain-based exposure to the listed underlying security EMR. 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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