Stablecoin infrastructure company M0 completes $40 million funding round
On August 28, according to Fortune, stablecoin infrastructure development company M0 announced the completion of a $40 million Series B funding round, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst, Pantera, and Bain Capital Crypto. M0 is building a network layer that enables interoperability and liquidity sharing among different stablecoin issuers. Luca Prosperi, co-founder and CEO of M0, stated that the company will focus on expanding the network scale over the next 2-5 years. Notably, cryptocurrency wallet MetaMask recently announced a partnership with M0 to launch its stablecoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethena-related addresses withdrew 125 million ENA from a certain exchange, with a total value of $34.15 million.
Trending news
MoreDomain financial infrastructure D3 Global announced today that the Doma protocol mainnet has officially launched, introducing the world's first batch of domains that can be traded as tokenized assets.
Data: The Bitcoin premium index on a certain exchange has been in negative premium for 27 consecutive days, currently reported at -0.0515%.
Crypto prices
More
