This funding round was structured as equity with token warrants and was supported by investors including Endeavor Catalyst, Pantera, and Bain Capital Crypto.

The stablecoin market has experienced significant growth in 2025, with its market capitalization surpassing $289 billion, more than doubling this year.

M0's CEO, Luca Prosperi, aims to onboard many stablecoin issuers and scale the network rapidly to achieve profitability within two to five years.

M0 is developing a network to facilitate stablecoin deployment without the need for building transfer software, creating a 'layer zero of money' to address fragmentation and improve interoperability.

This network aims to simplify the process for users to switch between stablecoins, enhancing liquidity and connectivity across different tokens.

M0 is strategically focused on advancing stablecoin technology within the crypto and fintech sectors, emphasizing interoperability and liquidity.

The company recently raised $40 million in a Series B funding round led by Polychain Capital and Ribbit Capital, bringing its total funding to nearly $100 million.

Major tech firms and banks like Meta, Airbnb, JPMorgan Chase, and Bank of America are exploring stablecoin integration, reflecting mainstream interest in the sector.

The surge in investment and development in stablecoins aligns with broader trends of rising adoption and the evolving digital asset economy.

The growing prominence of stablecoins, pegged to assets like the US dollar, is highlighted by recent regulatory developments such as the GENIUS Act and Circle's IPO.

Luca Prosperi, M0's cofounder, emphasizes building a 'layer zero of money' to support stablecoin deployment across multiple blockchains, including Ethereum and Solana.

This investment demonstrates strong investor confidence in M0's potential to influence the stablecoin ecosystem and broader digital assets.