Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise By Cointelegraph

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Pantera Capital and Arrington XRP Capital lead $5.8M Unbound Finance raise

Cryptocurrency asset managers Pantera Capital and Arrington Capital have co-led a $5.8 million private investment round for Unbound Finance, an up-and-coming DeFi treasury protocol for pooled tokens.

The funds will be used to further develop Unbound Finance’s cross-chain stablecoin platform, including the development of native bridges for instant transfers between its native UNB stablecoin and other synthetic assets, the company announced Wednesday.