Stablecoin Issuer Mandela Digital Closes $5 Million Funding Round, Datavault AI Participates
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Stablecoin Issuer Mandela Digital Closes $5 Million Funding Round, Datavault AI Participates
According to Globenewswire, stablecoin issuer Mandela Digital announced the completion of a $5 million financing round, with Datavault AI participating in the investment. The new funds will be used for stablecoin infrastructure development, compliance, exchange integration, liquidity, and marketing, as well as to accelerate the launch of the 1:1 USD-pegged stablecoin Mandela Dollar (MUSD). It is reported that Datavault AI will also provide technical support for MUSD, including AI platforms, blockchain tokenization, SanQtum anti-quantum encryption, and Real World Asset (RWA) frameworks.
Navigating Web3 tides with focused insightsTechFlow news, July 23, according to Globenewswire, stablecoin issuer Mandela Digital announced the completion of a $5 million financing round, with participation from Datavault AI. The new funds will be used for stablecoin infrastructure development, compliance, exchange integration, liquidity, and marketing, as well as to accelerate the launch of the 1:1 USD-pegged stablecoin Mandela Dollar (MUSD). It is reported that Datavault AI will also provide technical support for MUSD, including AI platforms, blockchain tokenization, SanQtum quantum-resistant encryption, and Real World Asset (RWA) frameworks.
