- Raises $40M Series B led by Polychain and Ribbit; total funding near $100M.
- Builds an interoperability layer for stablecoin issuers across Ethereum and Solana.
- MetaMask plans a stablecoin with M0; focus on scaling over 2–5 years.
Crypto startup M0 has secured a $40 million Series B led by Polychain and Ribbit Capital, with Endeavor Catalyst joining existing investors Pantera and Bain Capital Crypto. The round mixes equity with locked token allocations that cannot be sold until a set period passes, and the company has not disclosed a valuation. With this raise, total capital sits near $100 million. Crypto startup M0 frames its role as a neutral layer that links issuers so they can move value across chains without building one-off bridges, keeping liquidity from splitting into isolated pools.
Crypto startup M0 takes aim at the clutter that appears when every issuer ships custom connectors. CEO Luca Prosperi’s view is that the market does not need a thousand versions of the same dollar; it needs predictable rails where issuers can meet. Drawing on time spent in traditional finance and on advisory work with MakerDAO (now Sky), he and cofounder Gregory Di Prisco launched the company in 2023 to focus on low-level interoperability rather than yet another branded token.
Why Crypto startup M0’s timing fits the market
Crypto startup M0 arrives as stablecoins move from a niche to a common tool. In June, Circle went public and reached a market capitalization a little over $30 billion, a sign that dollar-pegged tokens have a place in public markets. In July, the Genius Act was signed into law, giving federal guidance for payment stablecoins and setting expectations for compliance programs. At the same time, firms such as Meta and Airbnb on the platform side and banks like JPMorgan Chase and Bank of America are testing how tokenized dollars could fit into payments and treasury.
These shifts point to the same need: shared rails that feel routine. Crypto startup M0 wants transfers to work across Ethereum and Solana without issuers rebuilding the same components. When a wallet or app needs to convert a token from one issuer to another, the base network should handle the details so users see simple settlement and issuers keep their own controls. The idea is not to replace issuers but to give them common infrastructure that reduces friction when they interoperate.
Crypto startup M0 also speaks to developer focus. Instead of diverting teams to maintain bespoke bridges, an issuer can plug into a network that already supports multi-chain movement. That reduces duplicate work and makes it easier to direct effort toward distribution, risk controls, and customer features rather than patching cross-chain edge cases.
How Crypto startup M0 plans to scale over two to five years
Crypto startup M0 is not prioritizing near-term profit. Prosperi compares the path to companies that expand reach first and optimize revenue later. The stated mandate for the next two to five years is onboarding issuers and building liquidity density so transfers clear without fuss. That strategy shows up in distribution moves: MetaMask has announced a stablecoin launch in partnership with the network, and Bridge—another piece of the stack—was recently acquired by Stripe, which signals continued interest from payments players.
Under the hood, Crypto startup M0 focuses on the “layer zero of money,” a shared base where issuers deploy tokens and rely on common logic for transfers and conversions. The design aims to keep movement between Ethereum and Solana straightforward while allowing each issuer to preserve its own compliance and custody choices. If this layer works as planned, moving a dollar-pegged token should feel the same regardless of which issuer minted it.
Token mechanics also shape incentives. The Series B blended equity with locked token allocations, aligning long-term commitments from backers with the network’s growth cycle. Crypto startup M0 needs that time horizon because real liquidity builds as more issuers and wallets connect, not just when code ships. The test will be simple: do users find that conversions complete without extra steps, do funds arrive where people transact, and do partners keep adding routes through the same rails.
Conclusion
Crypto startup M0 has raised $40 million, bringing total funding close to $100 million, to build shared stablecoin rails that connect issuers across chains. With Circle’s June listing above $30 billion and the July Genius Act defining a federal framework, the timing is practical. By targeting interoperability—rather than yet another branded token—and by focusing the next two to five years on issuer onboarding, partnerships, and liquidity, Crypto startup M0 is positioning its network as the quiet layer that lets everyday transfers move without friction.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.
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