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Venture Capital Funding Acquired by Stablecoin Business M0, Led by Polychain and Ribbit Capital, Amounting to $40 Million

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2025 September 8 . 5:02 PM

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Venture Capital Investment for Stablecoin Firm M0 Reaches $40 Million, With Polychain and Ribbit... — Venture Capital Investment for Stablecoin Firm M0 Reaches $40 Million, With Polychain and Ribbit Capital as Major Investors

Venture Capital Funding Acquired by Stablecoin Business M0, Led by Polychain and Ribbit Capital, Amounting to $40 Million

M0, a crypto startup focused on building a chain-agnostic network for stablecoin issuance, has successfully raised $40 million in a Series B funding round. The investment firms that participated in this round included Polychain Capital, Ribbit Capital, Endeavor Catalyst Fund, Pantera, and Bain Capital Crypto.

The funding round comes barely six weeks after President Trump signed the GENIUS Act into law. This act, which provides guidelines for issuing tokens pegged to fiat currencies and offers a framework for traditional banks to integrate digital assets, is expected to have a significant impact on the digital asset industry.

The primary focus of M0 is to become profitable while onboarding as many stablecoin issuers as possible. The network aims to ensure interoperability and liquidity among different stablecoin issuers, enabling seamless conversion between different stablecoins. It also allows stablecoin issuers to deploy their products without worrying about cross-chain transfers.

Prosperi, M0's CEO, aims to scale the network significantly in the next two to five years. The capital from the recent funding round will be used to accelerate the development of the network. The funding was structured as equity with token warrants for M0's cryptocurrency.

The GENIUS Act offers a unique opportunity for M0 to expand its operations. By providing a framework for traditional banks to integrate digital assets into their systems, it opens up a vast market for M0's interoperable network.

This round brings the total raised by M0 to almost $100 million. With this significant investment, M0 is well-positioned to lead the way in the stablecoin market, ensuring interoperability and liquidity among different stablecoin issuers. The future of M0 looks promising, with plans to scale the network significantly in the coming years.