M^ZERO Launches $22.5M Funded DeFi Platform to Revolutionize Value Transfer
• M^ZERO, a decentralized infrastructure layer for digital asset value transfer, has emerged from stealth mode with a $22.5 million seed round.
• The funding was led by Pantera Capital and included Mouro Capital, the venture capital arm connected to the Santander Group.
• The platform intends to advance pioneering work done in decentralized finance (DeFi) through an institutional-grade approach.
M^ZERO Exits Stealth Mode With $22.5M Funding Round
M^ZERO, a decentralized infrastructure layer for digital asset value transfer, has announced its emergence from stealth mode with a seed capital of $22.5 million led by Pantera Capital. The funding round also included Mouro Capital, the venture capital operation connected to the Santander Group as well as other investors like Scaramucci-linked SALT Fund, Road Capital, AirTree, Standard Crypto and others.
Advancement of Pioneering Work in DeFi
The platform is helmed by players with backgrounds in both traditional finance and decentralized communities such as MakerDAO and aims to take an institutional-grade approach towards advancing the pioneering work done in decentralized finance (DeFi). According to Luca Prosperi – CEO of M^ZERO Labs – this protocol intends to create a neutral infrastructure for payments to flow where large providers of assets and liquidity around the world can exchange value securely and builders can create solutions on it with minimal counterparty risk exposure.
Virtuous Governance & Decentralization
Virtuous governance will be crucial for M^ZERO’s success which is why they are developing rules and code that will ensure decentralization from day one itself. This comes in light of last year’s collapses and bankruptcies of “centralized finance” firms that have necessitated DeFi’s gradual evolution into something more scalable and institutional-friendly than ever before .
BowTiedBull President & Featured Speaker
The pseudonymous investor BowtiedBull was present at the event as president exploring the BowtiedJungle where citizens swap advice on investing job-seeking etcetera while Ian Allison – award winning senior reporter at CoinDesk – moderated it. It is worth noting here that Allison holds Ethereum himself currently making him uniquely qualified to lead this discussion as well!
In conclusion, this announcement marks an exciting development in DeFi history as M^ZERO strives towards creating an efficient yet secure means of value transmission between large asset providers across the world with maximum decentralization possible from day one itself!