Stablecoin Issuer Mountain Protocol Completes $8 Million Series A Funding
Mountain Protocol, the issuer of the income-stable coin, has announced the completion of an $8 million Series A financing round, with Multicoin Capital leading the investment and Castle Island Ventures, Coinbase Ventures, and other investors participating. Mountain Protocol is the issuer of USDM, a "completely backed by US Treasury bonds" income-stable coin. (Theblock)
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
World Liberty Financial sees surge in token sales following Donald and Melania Trump memecoin launches
Trump-backed World Liberty Financial has sold 20% of its token supply and decided to open up an additional 5% of the supply for sales.The cumulative sales of the WLFI token reached $254 million on Sunday, up from around $91 million just a day earlier, according to Dune Analytics data.
XRP Nears $4 Target Amid Market Shifts and Whale Accumulation
Hyperliquid (HYPE) Retests Falling Wedge Breakout: Is An Upside Move On The Horizon?
Ethereum (ETH) Gains Momentum After Accumulation By Trump’s World Liberty: Is A Breakout On Horizon?
Trending news
MoreCrypto prices
More
