SSI Becomes Lead Investor in U2U Network's Series A

What Happened on Bitcoin Pizza Day?

On May 22 – the anniversary of Pizza Day, the historic milestone when Bitcoin was first used for payment – ​​another important event took place in the Vietnamese technology world: SSI Securities Company officially became the leading investor in the Series A round of U2U Network , a Layer-1 blockchain project founded and developed by Vietnamese people.

The event not only has financial significance, but also affirms a strategic turning point for SSI in its journey to expand into the field of Web3 infrastructure technology - specifically DePIN (Decentralized Physical Infrastructure Network), a field that is forecast to reach a scale of trillions of USD by 2030.

U2U Network – New expectation of Vietnamese blockchain

U2U Network (Unicorn Ultra) is a Layer-1 blockchain platform developed based on DAG (Directed Acyclic Graph) architecture - a prominent technology with high parallel processing capabilities and no congestion like traditional blockchains. The highlight of U2U is the integration of Interledger Protocol (ILP) , helping the network easily interact with other blockchain ecosystems.

According to documents from HCC Venture - one of the early partners, U2U is building amodular blockchainwith two main components:

• U2U Chain : takes on the role of authentication (consensus), data security and payment.

• U2U Subnets : allows businesses to build independent systems on a common platform while still preserving security and performance.

This helps U2U Network achieve impressive parameters:

• 17,000 transactions/second , latency only 0.65 seconds .

• Over 1 million global users , dozens of live applications.

• Developers can program in both Solidity (Ethereum) and Rust (Solana, Polkadot), expanding access to a global developer workforce.

SSI's vision - Working in Vietnam, to run to the world

Mr. Nguyen Duy Hung , Chairman of SSI, in a post on social media shared:

“We – also have our first ‘show-off’: U2U Network – a Layer-1 platform built by Vietnamese people from scratch… Our Pizza Day is today, with U2U Network. Made in Vietnam to reach the world.”

Choosing U2U as a strategic investment in the growth stage (Series A) shows that SSI not only plays the role of a financial investor, but also places expectations on infrastructure technologies that can shape the future - similar to the way international venture funds bet on Ethereum or Solana in the early days.

U2U Ranks in the Global Top 3 in DePIN

According to the prestigious global blockchain research organization Messari , U2U Network has been ranked in the Top 3 outstanding DePIN projects globally - along with projects from the US and Europe. This is a rare achievement for a Vietnamese technology startup.

In the DePIN ecosystem, U2U aims to create a platform where businesses and individuals can decentralize physical resources such as:

• Network bandwidth

• Storage capacity

• Energy and sensor data

Through tokenization and open networks, parties can trade resources in a more transparent, secure, and efficient way than the current centralized model.

Summary: Investing in the future of Vietnamese technology

SSI's investment in U2U Network is a clear demonstration of its long-term strategy: to anticipate technology trends that can transform the digital economy, and especially to support "make in Vietnam" technology initiatives that are globally competitive.

In the context that DePIN is predicted to become the infrastructure platform of Web3 - similar to the Internet that changed the world, U2U Network has the potential to become one of the next technology unicorns of Vietnam.

“Any technology needs time to be accepted by the community. Will U2U be successful? Will it be trusted? That is a matter of the future. But for now… we choose to accompany.” – Nguyen Duy Hung.

Once again we give our opinion on potential projects in the crypto market. This is not investment advice, consider your portfolio. Disclaimer: The views expressed in this article are solely those of the author and do not represent the platform in any way. This article is not intended to be a guide to making investment decisions.

Compiled and analyzed by HCCVenture

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