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Mountain Protocol Funding & Investors

Pembroke Parish, MA

At Mountain Protocol, we believe that everyone deserves access to the ''risk-free rate'' through a secure, regulated, and enterprise-grade product that elevates the world finance industry. Our yield-bearing stablecoin, USDM, provides permissionless composability, regulatory compliance, and an enterprise-grade setup with a seamless user experience. Backed by US Treasuries and custodied by Fidelity in a bankruptcy-remote setup.

mountainprotocol.com

Total Amount Raised: $8,000,000

Mountain Protocol Funding Rounds

  • Series A

    $8,000,000

    Series A Investors

    Multicoin Capital
    Coinbase Global
    Wormhole
    Bankless Ventures
    Castle Island Ventures
    Department of XYZ
    Aptos Foundation
Funding info provided by Diffbot.