Moonwhale Ventures Chooses Unido as the Next Promising Project
Moonwhale Ventures, a blockchain and cryptocurrency-focused venture capital based in Singapore, has recently decided to invest in Unido — a Polkadot-based platform that enables cryptocurrency banking and DeFi for enterprises. The news comes during one of the most fundamentally bullish times in the cryptocurrency market, as Elon Musk’s Tesla decided to invest 1.5 billion USD into Bitcoin, and as MasterCard has revealed that it plans to accept a few key cryptocurrencies. With many multi-billion enterprises choosing to finally accept cryptocurrency, it’s unsurprising that Moonwhale Ventures has decided to look at a platform these enterprises will have to use to manage their cryptocurrency asset: Unido.
Bringing Businesses On-Chain through Unido
Looking at Moonwhale Ventures’ selective portfolio, one can see that the fund pays particular attention to blockchain and cryptocurrency projects that are able to reach a wider audience, beyond the sort of “bubble” that this industry often creates. Such investment strategy was resonated when Danny Christ, Founder of Moonwhale Ventures was asked why Moonwhale Ventures decided to support Unido.
“Centralized Finance (CEFI), also known as traditional markets, onto DEFI is still an open question on facilitation, compliance, usability and security. Moonwhale Ventures is helping ‘real-world’ businesses and institutions to go ‘on-chain’, hence sees Unido as the most prominent solution to execute this wide demand.” — Danny Christ, Founder of Moonwhale Ventures
Choosing Unido as a Solution
According to Danny Christ, Moonwhale Ventures chose Unido since it is a “prominent solution” to cater to the upcoming “wide demand” that will enter through enterprises choosing to embrace either cryptocurrency or blockchain technology. This allows readers to speculate on future partnerships that will see multinational enterprises using Unido as a platform to facilitate their cryptocurrency transactions or to join the DeFi space.
With Unido’s native token $UDO rumored to be approaching fast its TGE (Token Generation Event), the unveiling of strong supporters such as Moonwhale Ventures should be closely watched by potential investors.
About Unido
Unido is an enterprise platform for decentralized capital markets. Unido enables enterprises to seamlessly manage their crypto assets through an enterprise-grade platform with a suite of DeFi and crypto banking management tools.
Led by a highly experienced team from Macquarie Bank, Wipro, Coca-Cola, and Goldman Sachs, Unido is the first enterprise-grade asset management platform being built on Polkadot and features native apps, already available in the App Store.
Incubated by the team behind AllianceBlock, SpiderDAO, and Bridge Mutual, and supported by Strategic Partner, DuckDAO, Unido is launching their $UDO token in Q1, 2021.
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