Unstoppable Finance will launch a DeFi native bank and a euro-pegged stablecoin

2023-05-09 22:08:10
Collection

ChainCatcher news, according to Decrypt, German fintech company Unstoppable Finance announced that it will launch a DeFi-native bank and a euro-pegged stablecoin under the guidance of the EU's crypto market regulation (MiCA).

Unstoppable Finance completed a $5.2 million seed round in October 2021, with participation from Speedinvest, Inflection, Backed, Cadenza, Discovery Ventures, Fabric Ventures, Rockaway Blockchain Fund, Centrifuge, and Fractal. In August 2022, Unstoppable Finance completed a €12.5 million ($12.8 million) Series A funding round, led by Lightspeed Venture Partners, with participation from Speedinvest, Rockaway Blockchain Fund, Backed VC, Inflection, Discovery Ventures, Fabric Ventures, and Anagram. (Source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators