Mountain Protocol

Financial ServicesSeries APembroke, Bermudamountainprotocol.com

Latest round

Series A

Last raised

Jun 2024

Total raised

$8M

Investors

9

About Mountain Protocol

Based in Pembroke, Bermuda, and founded in 2023 by Co founder Martín Carrica, and Matías Caricato, Mountain Protocol Limited operates as a financial technology company that can issue, sell, and redeem the digital stablecoin USDM., SciFi VC, Polychain Capital, SV Angel, Andreessen Horowitz, Khosla Ventures, and Principal Invest, agreed to acquire Mountain Protocol Limited from Borderless Capital, Bankless Ventures, Castle Island Ventures, The Venture Dept, Coinbase Ventures, Daedalus, New Form, Aptos Foundation and Multicoin Capital. Mountain Protocol is a corporation that provides USDM, an institutional-grade stablecoin with a focus on safety and compliance.00% APY and rapid liquidity, letting users to swiftly and smoothly trade it for other assets on appropriate decentralized exchanges or liquidity protocols. The company is dedicated to developing digital dollar solutions that are permissionless, regulated, composable, transparent, and safe.S. Treasuries and related stablecoin services. The acquisition supports Mountain Protocol by integrating its stablecoin expertise, infrastructure, and regulatory framework into a larger platform, enabling broader global stablecoin expansion and long-term institutional use.

Who invested in Mountain Protocol

9 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 6, 2024

    Amount

    $8M

    Investors

    Locked

  2. Seed

    Sep 11, 2023

    Amount

    Undisclosed

    Investors

    Locked

Questions about Mountain Protocol

Who invested in Mountain Protocol?

Mountain Protocol has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Mountain Protocol raised?

Mountain Protocol has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Mountain Protocol last raise money?

Mountain Protocol's most recent round on record is a Series A, in Jun 2024.

What does Mountain Protocol do?

Based in Pembroke, Bermuda, and founded in 2023 by Co founder Martín Carrica, and Matías Caricato, Mountain Protocol Limited operates as a financial technology company that can issue, sell, and redeem the digital stablecoin USDM.

Where is Mountain Protocol headquartered?

Mountain Protocol is headquartered in Pembroke, Bermuda.

Which VCs invest in companies like Mountain Protocol?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Mountain Protocol's stage. Their profiles are linked below.

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