Stablecoin News: Startup M0 Raises $40M Series B From Polychian, Ribbit, Others

Stablecoin News: Startup M0 Raises $40M Series B From Polychian, Ribbit, Others

Stablecoin startup M0 has raised $40 million in Series B funding as venture capital firms continue to pile money into the sector.The funding round was led by Polychain and Ribbit Capital and included contributions from the Endeavor Catalyst fund and existing investors Pantera and Bain Capital Crypto, according to an emailed announcement on Thursday.The news was reported earlier by Fortune. M0, which has now raised almost $100 million in capital …

Crypto startup M0 raises $40 million to build out stablecoin network

Polychain and Ribbit Capital led the round, with participation from existing investors like Pantera and Bain Capital Crypto.

Stablecoin Platform M0 Raises $40 Million in Series B Round - WorldNL Magazine

In brief M0 raised $40 million in Series B funding. The firm separates stablecoin reserve management from programmability. M0 is supporting the debut of MetaMask’s mUSD stablecoin. Switzerland-based stablecoin platform M0 raised $40 million in Series B funding, as it seeks to shake up the relationship between token issuers and blockchain developers, according to a press release on Thursday.The funding round, which included Polychain Capital, Rib…

M0 raises $40M to build custom ‘universal stablecoin’ infrastructure for developers - SiliconANGLE

M0 Foundation, a platform building infrastructure for crypto apps and protocols to create application-specific stablecoins, today announced it has raised $40 million in early funding to allow developers to deploy custom digital currencies. Polychain Capital, Ribbit Capital and the Endeavor Catalyst led the Series B funding round, bringing the company’s total funding to date to […] The post M0 raises $40M to build custom ‘universal stablecoin’ in…

Stablecoin Platform M0 Raises $40 Million in Series B Round

The firm focuses on application-specific stablecoins.