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TRX $0.3340 -0.34%
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BCH $260.29 +1.45%
LINK $12.90 +4.88%
HYPE $85.15 -3.34%
AAVE $132.36 -0.73%
SUI $0.8208 +3.10%
XLM $0.1908 +3.82%
ZEC $1,165.88 -3.60%

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

2023-05-09 22:08:10

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)

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