Overview

• Polychain and Ribbit Capital led the round, with participation from Endeavor Catalyst, Pantera, and Bain Capital Crypto.
• The financing combined equity with time-locked tokens and brings total capital raised to nearly $100 million.
• M0’s platform lets regulated issuers deploy and move stablecoins across blockchains such as Ethereum and Solana while separating reserve management from programmability.
• The company reported surpassing $300 million in aggregate stablecoin supply in July, more than doubling since January.
• M0 says its platform will support the debut of MetaMask’s mUSD stablecoin, with Bridge handling licensing, monitoring, and reserve management, as the firm prioritizes scaling and issuer onboarding in a sector energized by new U.S. rules and recent corporate moves.