Assets/FASTD

DORRS MARKET INTELLIGENCE

Fastenal Company Common Stock Dinari dShares

FASTDEquityDinari
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ASSET PROFILE

Business description

CDI CDI-1734905540

Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies. Fastenal Company Common Stock Dinari dShares provides blockchain-based exposure to the listed underlying security FAST. 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.

TRADING ACTIVITY

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