DeFi platform M^ZERO has completed a $22.5 million financing round led by Pantera Capital, with participation from Road Capital, AirTree, Standard Crypto, SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Earlybird and Mouro Capital.

It is reported that M^ZERO aims to provide a decentralized infrastructure layer for the transfer of digital asset value and will adopt institutional-grade DeFi technology. (CoinDesk)