Kyros Ventures, a prominent incubator of international cryptocurrency and decentralized finance (DeFi) projects in Vietnam, has invested in Unido’s Seed Sale Round and will assist the promising project in terms of community building, spreading brand awareness and localization.
Crypto-native enterprises and asset management firms often struggle to access DeFi and manage their crypto assets effectively due to severe limitations in security, governance and accessibility. Unido addresses these issues, enabling enterprises to securely access DeFi opportunities and seamlessly manage their crypto banking operations.
Furthermore, Unido is already developed with multiple active pilots running at a number of digital banks. Its main features are underpinned by Unido Core, a proprietary key management and transaction signing technology developed in 2017. These features include the centralized dashboard, DeFi vault, and crypto banking.
Unido’s token-powered ecosystem ensures value capture, whereby the UDO token is integrated in order to capture value across all products leveraging Unido Core technology.
Kyros Ventures has recognized the significance of Unido’s quest to build an enterprise platform for decentralized capital markets and has decided to support the project with its development as it works toward facilitating the management of crypto assets.
Dr Stan Nedic, Head of Research at Kyros Ventures, shared his views on Unido:
“Mass adoption of cryptocurrencies will partly rely on the ability of crypto-native enterprises and asset managers to seamlessly manage their digital assets, allowing them access to both DeFi opportunities and crypto banking management tools without limitations in security and governance. At Kyros Ventures, we see Unido’s solution as a significant enabler in this space, bringing a positive impact to the entire cryptocurrency ecosystem by addressing these issues. Furthermore, Unido is powered by the prominent Polkadot blockchain and its Polkastarter IDO launch promises to be very successful and immensely popular among the Vietnamese crypto communities.”
About Kyros Ventures
Kyros Ventures is the investment branch of Coin68 Media, the leading cryptocurrency entity in Vietnam. Specializing in incubation and investment, Kyros Ventures is the gateway for international cryptocurrency projects to enter the Vietnamese market, helping them to achieve greater awareness and adoption thanks to its extensive network of partners and communities.
For further information, please visit: https://kyros.ventures
Unido is an enterprise platform for decentralized capital markets, enabling 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. Unido is launching its $UDO token via a Polkastarter IDO on March 3, 2021.
For further information, please visit: https://www.unido.us