KANDO id: 2123124

Corporate information

Company type

Decentralized & scalable stablecoin ecosystem.

Overview

Mars Stablecoin (USDM) is price stable, capital efficient, scalable and decentralized. It is an over-backed stablecoin: the redeemability of USDM is backed by the Mars Ecosystem Governance Token (XMS). The market cap of XMS is always multiple times the market cap of Mars Stablecoin which ensures that the stablecoin can be redeemed 1:1 at any given time.



Funding rounds

Profile Country Notes
YBB Foundation Ltd Venture capital firm with a focus on blockchain projects. Initial investment.

Profile Country Notes
Continue Capital Initial investment.

Profile Country Notes
Parallel Ventures Initial investment.

Profile Country Notes
Kernel Ventures Initial investment.

Profile Country Notes
7Star Capital Initial investment.

Profile Country Notes
Bella Protocol Suite of DeFi products to make crypto banking simple. Initial investment.

Profile Country Notes
Mayor Capital Vietnam-based investment fund that exclusively focuses on blockchain-enabled companies.  Initial investment.


Investment activity status
Active investor

Current team

Financials