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Unit Network, a decentralized finance platform focused on the tokenization of both real-world and digital assets, has successfully secured $18 million in funding.
The funding round was spearheaded by prominent venture capital firms, including the Blockchain Founders Fund and Outlier Ventures. Additionally, a number of influential entrepreneurs participated, such as Cristina Venture from White Star Capital, Diego Gutiérrez Zaldívar of Rootstock, Joshua Seims at Metastable Capital, Richard Wang from Draper Dragon Fund, Thomas Hessler of Zanox, and Yuval Rooz from DigitalAsset.com.
Among the diverse group of investors are also notable personalities from outside traditional finance, including professional poker players Alec Torelli and Huck Seed, along with musician Oliver Tree. Unit Network has garnered a global user base of 50,000 active participants and has developed its own blockchain to dismantle the barriers often associated with conventional financial systems, thereby facilitating businesses, creators, and communities in the management and launch of tokenized assets.
The newly acquired capital will be instrumental in enhancing Unit Network’s blockchain infrastructure, expanding its compatibility with other blockchain environments, and bolstering tokenization initiatives across key sectors, including real estate, gaming, and digital commerce.
“With millions of businesses and creators aspiring to engage within the digital economy, the demand for fair and accessible financial tools is increasingly paramount,” stated Michael Healy, CEO of Unit Network. He emphasized that their growing ecosystem underscores how a vibrant community can engender creativity, foster economic collaboration, and create new pathways for economic engagement. This investment, according to Healy, propels them closer to achieving a more inclusive financial landscape where access is universal, ownership is shared, and economic opportunities abound.
Unit Network’s framework is anchored in three foundational principles: (1) promoting financial inclusion via a cooperative economic model, (2) providing a straightforward crowdfunding platform that simplifies capital raising, and (3) establishing a decentralized ownership exchange that empowers both businesses and local communities. Their crowdfunding capabilities allow aspiring entrepreneurs to easily garner capital, while also converting customers, employees, and supporters into co-owners through innovative ownership mechanisms.
“By offering communities direct channels for investment and support in ventures they believe in, we are crafting a transformative model for economic development,” remarked Kat Miroshnikova, co-founder of Unit Network. “Transforming individuals from passive consumers into active stakeholders paves the way for an economic system where shared successes become not just aspirations but real achievements.”
“Our technology is designed to empower individuals rather than constrain them,” Healy continued. “Our investors grasp the significance of our mission at Unit Network to eliminate financial barriers. By making the process of tokenization straightforward and accessible, we’re unlocking fresh opportunities for users to take command of their economic landscapes and instigate significant changes in the financial sector.”
Source
venturebeat.com