TechFlow news, August 28 — According to Fortune, stablecoin infrastructure developer M0 has announced a $40 million Series B funding round led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst, Pantera, and Bain Capital Crypto.
M0 is building a network layer enabling interoperability and shared liquidity among different stablecoin issuers. The company has now raised nearly $100 million to date. Luca Prosperi, co-founder and CEO of M0, said the company will focus on scaling the network over the next two to five years. Notably, cryptocurrency wallet MetaMask recently announced a collaboration with M0 to launch its stablecoin.




