The new self-custodial wallet and stablecoin platform comes from LINE NEXT, the Web3 affiliate of LY, parent company of LINE with more than 190 million users.
LINE NEXT has launched Unifi, a non-custodial wallet (user-controlled crypto wallet) focused on stablecoins and offering what it described as competitive base interest. The product is positioned as a new self-custodial wallet and stablecoin platform from LINE NEXT, which is the Web3 affiliate of LY, the parent company of LINE. The launch links the product to a broader consumer internet ecosystem tied to LINE's more than 190 million users, potentially giving the wallet wider distribution than many standalone crypto apps.