UNION
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.9m | Early VC | ||
Total Funding | CAD5.3m |
Recent News about UNION
EditUNION Finance operates in the decentralized finance (DeFi) sector, offering a peer-to-peer protection protocol specifically designed for users of crypto markets. The company provides risk management solutions that allow users to unlock a significant amount of their collateral when borrowing against their crypto assets. By purchasing DeFi protection, users can mitigate the risk of liquidation events, making their borrowing experience more secure and efficient. UNION Finance serves individual crypto investors and traders who seek to optimize their collateral usage while minimizing risks associated with over-collateralization. The company operates in the global DeFi market, which is rapidly growing as more individuals and institutions adopt blockchain technology for financial transactions. UNION Finance's business model revolves around the use of its governance token, UNN, which is employed for voting on protection claims, adjusting risk parameters, and managing incentive programs. The company generates revenue through the sale of these tokens and by offering protection services to its users. UNION Finance is committed to values of integrity, accessibility, and transparency, ensuring that DeFi tools and risk management strategies are available to a broad audience, not just an elite few. The company is listed on nine exchanges and continues to expand its reach through various partnerships and updates.
Keywords: DeFi, crypto protection, collateral management, risk mitigation, governance token, blockchain transparency, peer-to-peer, financial security, over-collateralization, crypto borrowing.