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Unstoppable Finance, a cryptocurrency startup, has raised $12.8 million for its decentralized finance (DeFi) wallet called Ultimate. The funding round was led Lightspeed Venture Partners with participation of existing investors such as Speedinvest, Rockaway Blockchain Fund, and others.
Unstoppable Finance said in a blog post that the funding will help it to pursue its mission to bring DeFi to retail investors "around the world."
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The DeFi wallet is expected to be launched in private beta in the next few days, with the public launch planned for later this year. Initially launching on iOS, Ultimate will eventually be released for Android as well, said Unstoppable Finance.
