Defi Unstoppable Finance project attracted 12 5 million euros

Unstoppable Finance Defi project attracted 12.5 million euros

Lightspeed Venture Partners Venture company led the round of the A startup of UNSTOPPABLE FINANCE for 12.5 million euros ($ 12.8 million).

Speedinvest, RockAway Blockchain Fund, Backed VC, Inflect, Discovery Ventures, Fabric Ventures and Anagram also participated in the round.

The project is prepared for the launch of the non -codium cryptocurular Defi Ultimate with the possibility of a direct connection to profitability protocols and decentralized exchanges.

“We are deeply integrating Defi Protokols into a mobile interface,” said the co-founder of the company Maximilian von Vallenberg-pachali.

Unstoppable Finance chose not to disclose their assessment, but it was noted that the financing obtained significantly exceeds the results of the sowing round in October 2021. Investments will allow startup to expand the presence of the US market. According to them, the waiting list has more than 300,000 preliminary registrations.

Originally launched on the SOLANA blockchain as an iOS application on the territory of the EU Unstoppable Finance plans to realize compatibility with Ethereum later this year and start the Android version of the wallet.

Recall that in March, the European Parliament supported the amendments to the regulation of the exchange of information between counterparties, which involve the collection of data on users of non -kastodial cryptocurrency wallets.

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