Ultimate Raised 12M Euros In Funding

Mische Martinete — Fri, 12 Aug 2022 06:30:55 +0000

Ultimate raised 12M Euros in funding round led by Lightspeed. Ultimate Money by Unstoppable Finance is on a mission to build the perfect mobile-first, multi-chain DeFi investing experience. We’re blown away that our waitlist has surpassed 300k registrations.

The funding round was also participated by prominent investors such as Speedinvest, Rockaway Blockchain Fund, Backed VC, and Fabric Ventures. Discovery Ventures and Anagram are also part of the event as investors. Ultimate is super excited to partner up with these venture capitalists to build the future of finance together.

Ultimate’s vision is to bring DeFi to retail investors. They are also building a crypto wallet to safely navigate the world of DeFi investing. Earn yield with vetted protocols. Trade on verified exchanges.

“We are proud and excited to attract such prominent investors, especially during this tough market environment. With this funding, we’ll pursue our mission to bring DeFi to retail investors around the world with our app Ultimate. We’d like to thank both our old and new investors for their vote of confidence and trust in both our product and our mission.”—Co-founder and CEO Maximilian von Wallenberg-Pachaly

“From our first conversations with the Unstoppable Finance founders we recognized a strong team with a big vision. Max, Peter and Omid have an impressive track record of building great FinTech and Crypto products and we are very confident that they’ll build the missing conduit between the DeFi world and retail investors.”—Banafsheh “B” Fathieh, Founding Partner at Lightspeed Faction and Advisor at Lightspeed Venture Partners

ABOUT Ultimate

Ultimate is the first product develop and launches by Berlin-based Unstoppable Finance. It’s a multi-chain, fully non-custodial wallet that makes the emerging world of decentralized financial services truly accessible to the masses.

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ABOUT Unstoppable Finance

Unstoppable Finance’s mission is to empower people around the world to access and unlock financial opportunities in the decentralized economy.

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Ultimate Integrated Three DeFi Protocols

Ana Marie — Tue, 12 Jul 2022 06:50:03 +0000

Ultimate integrated three DeFi Protocols

Ultimate announce the first three DeFi protocols that we’ve integrated into their app: Orca, Friktion, and LidoFinance. They are building on Solana but will soon be adding Ethereum to fulfil our multi-chain vision.

LidoFinance is DeFi’s largest liquid staking protocol, enabling users to stake directly from the Ultimate wallet’s interface. Users receive “staked Solana” (stSOL) tokens which can be unstaked or sold at any time, or even used in other DeFi protocols to earn additional yield

The integration of Lido Finance into the Ultimate wallet makes liquid staking easier than ever before, with users able to benefit from liquidity and multi-layer yield opportunities with the same ease as on centralized exchange while staying in full control of your coins.

Friktion

Friktion the leading automated option protocol in the Solana ecosystem. Users can simply earn yield from automated options strategies such as selling covered calls, a strategy that is particularly useful for earning yield in a downward or sideward trending market.

They offer a completely unique source of yield, not incentivised by their own tokens. Retail investors now have a way to earn a return on their crypto assets also in downwards or rangebound markets. More strategies will be added over time.

Orca

Orca takes pride in being the easiest way to swap Solana tokens. Their slogan is “DeFi for people, not programs” which really resonates with them. Thus all swaps in their launch version will be powered by Solana’s most user-friendly concentrated liquidity AMM.

Ultimate is a #DeFi super app becoming the universal consumer gateway to #Web3. A multi-chain, fully non-custodial wallet that makes investing into web3 truly mass-ready.

About Lido

Lido is a liquid staking solution for ETH 2.0 backed by a number of the industries leading blockchain staking providers. Lido allows users to stake any amount of ETH without the need to maintain complex infrastructure, while letting users unstake at any time through secondary markets.

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About Orca

Orca is the easiest way to exchange cryptocurrency on the Solana blockchain. There, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price. Additionally, users may provide liquidity to a trading pool to earn a share of trading fees.

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About Ultimate

Building the future of Finance. Just as the internet revolutionized the way we transfer information, blockchain technology is revolutionizing the way we transact value.

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Ultimate Raised 12M Euros In Funding