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Unifi

Overview

Unifi is a non‑custodial stablecoin platform developed by LINE NEXT that currently supports USDT for storage, sending, receiving, payments and conversion into local currencies. Account setup is simplified through single‑sign‑on with LINE, Google, Apple or Naver accounts, and the platform offers an integrated yield program with base rates around 4–5% and promotional rates up to 8% for qualified users. Unifi charges no withdrawal fees and allows deposits and withdrawals at any time per the company’s statements. The service is integrated with the Kaia blockchain and has run promotions covering bridge fees to encourage transfers to Kaia. LINE NEXT positions Unifi to reach mainstream users by leveraging LINE’s large monthly active audience and LY Corporation’s broader partnerships. The company plans to use its recent funding to expand its global Web3 business and develop products that simplify blockchain use for everyday consumers.

Total raised
$140M
Funding rounds
1
Latest round
Equity
Latest activity
Dec 2023

Industries

  • Decentralized Finance (DeFi)
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Recent funding

  1. Equity

    Dec 2023

    $140M

Team

No current team members are available.