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Bain Capital Crypto leads $35 million Series A for stablecoin minting protocol M^0

Venture Capital • June 5, 2024, 8:33AM EDT Quick Take M^0 has raised $35 million in Series A funding from Bain Capital Crypto, Galaxy Ventures, GSR and others. The stablecoin minting protocol is set to launch on Ethereum in the coming weeks, M^0’s Luca Prosperi told The Block. M^0 (pronounced "M Zero"), a decentralized stablecoin minting protocol, has raised $35 million in a Series A funding round led by Bain Capital Crypto.Other investors in the round included Galaxy Ventures, Wintermute Ventur...

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