Stablecoin Issuer Mandela Digital Closes $5 Million Funding Round, Datavault AI Participates

TechFlow 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.