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Mountain Protocol
Mountain Protocol is a regulated digital-asset company that developed USDM, a permissionless yield-bearing stablecoin backed by short-term U.S. Treasuries. It also provides a platform for eligible primary customers and a DeFi interface for interacting with USDM and wUSDM. USDM is in an orderly wind-down, with minting disabled and primary-market activity closed.
Distributed
Funding Rounds
Funding Round: M&A
Funding Date: 1 May, 2025
Funding Round: Series A
Funding Date: 6 Jun, 2024
Raised Amount: $8M
Funding Round: Series A
Funding Date: 1 Jun, 2024
Raised Amount: $8M
Funding Round: Seed
Funding Date: 11 Sep, 2023
Funding Round: Unknown
Funding Date: 1 Sep, 2023