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HYPE $56.05 -1.93%
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SUI $0.6744 -1.61%
XLM $0.1587 -0.63%
ZEC $484.96 -1.15%

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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