United Blockchain Dollar Network (UBDN) is a promising startup founded in 2023 and headquartered in the United Arab Emirates. The company's slogan, "Creating an innovative decentralized infrastructure for asset management & digital trusts programming," highlights its commitment to revolutionizing asset management within the blockchain and financial industries.
UBDN offers a unique platform where users can create digital trusts for managing or inheriting their assets, including NFTs. The platform allows for the creation and modification of various scenarios, giving users a high degree of flexibility and control over their digital assets.
One of the fundamental elements of the UBDN ecosystem is the UBDN token, which provides owners with the opportunity to support the ecosystem and ensures a monthly income in UBD stablecoins. Additionally, UBD is an algorithmic stablecoin pegged to the US Dollar and backed by prominent cryptocurrencies like BTC, ETH, USDT, and DAI, which are securely stored in the UBD Network Attractor.
The startup recently secured Seed Round investment in August 2023, demonstrating early investor confidence in its innovative approach to decentralized asset management and digital trusts programming. While the specific investors involved in the latest funding round are not disclosed, the company's ability to attract investment at an early stage indicates a potential for growth and industry disruption.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | Unknown | - | 01 Aug 2023 |
No recent news or press coverage available for United Blockchain Dollar Network.