TL;DR
- M0 has secured $40 million in Series B funding led by Polychain Capital and Ribbit Capital, with participation from Pantera, Bain Capital Crypto, and Endeavor Catalyst.
- The startup aims to enhance interoperability among stablecoin issuers, avoiding fragmentation across networks.
- With nearly $100 million raised so far, M0 positions itself as a core infrastructure provider in the rapidly growing stablecoin market, which has more than doubled in capitalization this year and continues attracting global institutional interest.
M0, a crypto infrastructure startup, has announced the close of a $40 million Series B round that will accelerate the development of its stablecoin interoperability platform. The raise, led by Polychain Capital and Ribbit Capital, also saw participation from Pantera Capital, Bain Capital Crypto, and Endeavor Catalyst. This brings the company’s total capital raised to nearly $100 million since inception.
The company is focused on building a foundational layer that allows stablecoin issuers to interconnect seamlessly, ensuring liquidity and cross-chain compatibility without each project having to design its own transfer system. Luca Prosperi, co-founder and CEO of M0, described the initiative as creating the “base layer of money” for digital assets, aiming to reduce inefficiencies and duplication in the industry.
Rising Demand For Stablecoin Infrastructure
The rapid growth of the stablecoin market has intensified demand for scalable infrastructure. According to recent data, the market capitalization of stablecoins surpassed $289 billion this month, more than doubling since the beginning of 2025. Institutional adoption has accelerated, with banks and fintech firms exploring how to integrate stablecoins into their operations. Circle’s public listing earlier this year and the passage of the GENIUS Act in the United States have provided clearer regulatory frameworks, further driving confidence in the sector.
Venture capital firms have responded by pouring capital into projects that can strengthen stablecoin rails, with M0’s funding round ranking among the largest in recent months. Analysts note that the company’s interoperability focus could help unlock deeper liquidity across ecosystems, making stablecoins more efficient for both retail and institutional use.
Strategic Positioning In A Competitive Market
M0’s strategy positions it uniquely in a crowded but still maturing landscape. While issuers like Tether and Circle dominate supply, infrastructure providers that enable interoperability are expected to play a critical role in shaping the next phase of adoption. By offering a neutral layer that bridges issuers, M0 aims to avoid market silos and create a more connected digital economy.
With regulatory clarity advancing, stablecoin technology is increasingly seen not only as a crypto-native tool but also as a cornerstone for global payments and decentralized finance. For M0, the latest capital infusion is both a validation of its model and a springboard to expand partnerships with institutions seeking reliable settlement solutions.
