Stablecoin startup M0 has raised $40 million in funding, with Polychain and Ribbit Capital co-leading the round.

BlockBeats News, August 28th - Stablecoin infrastructure development startup M 0 has completed a $40 million funding round, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst Fund, as well as Pantera and Bain Capital Crypto. M 0 co-founder and CEO Luca Prosperi declined to disclose the valuation of his startup but revealed that the company has raised a total of $100 million to date.