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INDUSTRY FIRST

M^0 Protocol raised $35M in a Series A led by Bain Capital Crypto to introduce stablecoin M.

Jun 05, 2024•about 1 year ago

Amount Raised

$35 Million

BerlinCryptocurrencyBlockchain

Investors

GsrGalaxy VenturesBain Capital Crypto

Description

M^0, a new player on the Ethereum blockchain, raised $35M in a Series A investment led by Bain Capital Crypto to introduce its stablecoin, M, guaranteed by U.S. Treasuries and backed by a rigorous governance framework.

Company Information

Company

M^0

Location

Berlin, Berlin, Germany

About

M^0 is a cryptocurrency protocol that has built decentralized infrastructure allowing institutions to mint stablecoins backed by U.S. Treasuries. It aims to create a global network for institutions to mint 'cryptodollars' leveraged by their assets.

Company News

(10 articles)
Fri, 03 Jan 2025 08:00:00 GMT

M^0: Interview With CEO & Co-Founder Luca Prosperi About The Money Middleware Company - Pulse 2.0

Wed, 27 Nov 2024 08:00:00 GMT

The Mobility of Mo during Microbially Mediated Ferrihydrite Phase Transformation - ACS Publications

Fri, 31 Jan 2025 17:09:07 GMT

Meret Oppenheim - MoMA

Thu, 21 May 2015 01:24:39 GMT

Work for the City of St. Louis - City of St. Louis, MO (.gov)

Thu, 09 Jan 2025 08:00:00 GMT

W/Mo/Cr Doping Modulates the Negative–Positive Inversion Gas Sensing Behavior of VO2(M1) - ACS Publications

Thu, 16 Nov 2023 05:30:05 GMT

HIF-1α inhibition by MO-2097, a novel chiral-free benzofuran targeting hnRNPA2B1 - ScienceDirect.com

Wed, 31 Jan 2024 13:05:18 GMT

Policy Tracker: Youth Access to Gender Affirming Care and State Policy Restrictions - KFF

Wed, 18 Oct 2023 07:00:00 GMT

Improved Outcomes with Enzalutamide in Biochemically Recurrent Prostate Cancer - The New England Journal of Medicine

Mon, 15 Jul 2019 14:23:59 GMT

Money Supply - Federal Reserve Bank of Richmond

Mon, 04 Apr 2022 07:00:00 GMT

Nanoparticle targeting of de novo profibrotic macrophages mitigates lung fibrosis - PNAS

FundzWatch™ Score

63
Medium Activity

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Funding Insights

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