On August 28th, according to Fortune, stablecoin infrastructure development company M0 announced the completion of a $40 million Series B financing, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst, Pantera and Bain Capital Crypto.
M0 is building a network layer to enable interoperability and liquidity among different stablecoin issuers. Luca Prosperi, co-founder and CEO of M0, said the company will focus on scaling the network over the next 2-5 years. Notably, cryptocurrency wallet MetaMask recently announced a partnership with M0 to launch its stablecoin.
Stablecoin Infrastructure Firm M0 Completes $40 million Funding
2025-08-28 12:03:55
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