Unit Network Secures $18 Million in Funding to Expand Blockchain Infrastructure

Unit Network Secures $18 Million in Funding

Unit Network, a decentralized financial platform specializing in asset tokenization, has successfully completed an $18 million investment round. Led by Blockchain Founders Fund and Outlier Ventures, the funding also saw contributions from a diverse group of investors, including venture capitalists, entrepreneurs, poker players, and a musician.

Expanding Blockchain Infrastructure and Interoperability

The capital will be used to expand Unit Network's blockchain infrastructure, improve interoperability with other blockchain ecosystems, and broaden tokenization initiatives across sectors such as real estate, gaming, and digital commerce.

Democratizing Financial Access

Unit Network operates on a proprietary blockchain designed to remove traditional financial barriers, aiming to democratize financial access. The platform enables businesses, creators, and communities to easily launch and manage tokenized assets. With a user base of 50,000 active members, Unit Network is poised to make a significant impact in the digital economy.

Key Features and Mission

The platform is anchored by three main features:

• A cooperative economic model promoting financial inclusion.
• A user-friendly crowdfunding platform.
• A decentralized ownership exchange that enables shared business ownership.

CEO Michael Healy highlighted the growing demand for inclusive financial tools in the digital economy and the platform's mission to provide open financial access and shared economic opportunities. Co-founder Kat Miroshnikova emphasized Unit Network's role in fostering economic growth by transforming consumers into stakeholders.

Strengthening Capabilities in the Digital Economy

Unit Network aims to simplify tokenization, making it straightforward and impactful for a broad range of users. This recent funding is expected to strengthen the platform's capabilities and reach in the digital economy.