Funding Details
- Awarder
- Inbox
- Date Award
- January 01, 2024
- Vertical
- Blockchain
- Funding URL
- View Funding Page
Company Info
- Company Description
- M^0 is a stablecoin minting protocol based on Ethereum where approved entities can create a stablecoin called M, which is 'overcollateralized by U.S. Treasuries only.' To mint M, entities need permission from the protocol's governance. Once approved, they provide their own standardized 'high-quality' collateral, which independent validators check to ensure it meets the standards.
- Market
- Cryptocurrency
- Coinvestors
- Bain Capital Crypto, Galaxy Ventures, GSR, Caladan, SCB 10X
Links