- DeFi platform M^ZERO is gearing up to launch in Q2 2024.
- The platform will allow crypto institutions to mint and issue decentralized stablecoins backed by US Treasury bonds.
- M^ZERO aims to attract crypto-friendly institutions, DeFi-focused funds, and market makers as its initial user base.
- The project had previously completed a $22.5 million seed funding round in April 2023, with participation from notable investors like Pantera Capital, Road Capital, and others.