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22 June 2021

Unbound Finance Raises $5.8M led by Pantera Capital and Michael Arrington’s XRP Capital

Unbound Finance Raises $5.8M led by Pantera Capital and Michael Arrington’s XRP Capital


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Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first ever decentralized cross-chain stablecoin. .

We’re excited to support the Unbound team as they build the key tools to capitalize upon this untouched part of the DeFi ecosystem” — Dan Morehead, CEO Pantera Capital.    “Unbound Finance is new primitive with the potential to unlock billions in unproductive value trapped in AMMs.

“Unbound’s dedicated development team has created something that makes all AMMs efficient and will make interesting money legos in the space further.” – Sandeep Nailwal, COO & Co-Founder Polygon.  “We are delighted to support Team Unbound in realizing its vision of becoming the native decentralized stablecoin of the DeFi & AMM space” – Maxim Blagov CEO & Co-Founder Enjin.

The use of funds will be used for the expansion of the Unbound team, audits, adoption, liquidity provision and R&D hyper-focused towards the AMM space

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