Email
Website
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
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
YBB Foundation Ltd | Venture capital firm with a focus on blockchain projects. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Continue Capital | Continue Capital focuses on investing in global blockchain technology, early-stage technology startup and providing Quant-Trading service. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
7Star Capital | Venture capital firm focusing on blockchain underlying technology and Web3.0 applications. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bella Protocol [] | Suite of DeFi products to make crypto banking simple. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Mayor Capital | Vietnam-based investment fund that exclusively focuses on blockchain-enabled companies. | Initial investment. |
Investment activity status
Active investor