ArtWallet team is proud to introduce our new strategic investor, Impossible Finance, a multi-chain incubator, launchpad, and swap platform that offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences. The core vision of Impossible finance is to build a fair and more accessible open financial system for blockchain projects, thereby reimagining decentralized finance.
Impossible Finance has invested in ArtWallet’s Series D Round. This cooperation is the confirmation of the strong status of ArtWallet as a project in the industry. The leading Asian funds have made solid contributions to Impossible Finance. The list of Impossible Finance investors includes such brands as Alameda Research, COIN98, DAOSquare, #HASHED, Incuba Alpha, IOSG, Lemniscap, Longhash, Primitive, and Sino Global Capital, to name just a few. The complete list of investors is available on the home website. Thus, ArtWallet has the full right to say that top Asian funds have invested in the project.
This strategic investment cooperation is the result of a series of negotiations conducted between the two teams. Also, ArtWallet has passed a thorough due diligence process, due to which the project is treated by Impossible Finance as a trustful initiative. This recognition of ArtWallet’s solid ethical status will positively impact ArtWallet’s image in the eyes of our community members and other industry players.
The cooperation between ArtWallet and Impossible Finance will have a sustainable nature. Both parties promise to strengthen the business relationships after the release of MVP, which is expected at the end of 2021. This cooperation will also allow ArtWallet to get valuable advisory and marketing assistance from the Impossible Finance team.
Cooperation with Impossible Finance is a fundamental step for ArtWallet and indicates that the project is ready for IDO.