Profile
Corporate information
Registration country
Registration country
Investment activity status
Active investor
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
Funding rounds
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
YBB Foundation Ltd | Venture capital firm with a focus on blockchain projects. | China | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Continue Capital | Continue Capital focuses on investing in global blockchain technology, early-stage technology startup and providing Quant-Trading service. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
7Star Capital | Venture capital firm focusing on blockchain underlying technology and Web3.0 applications. | Singapore | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bella Protocol [] | Suite of DeFi products to make crypto banking simple. | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Mayor Capital | Vietnam-based investment fund that exclusively focuses on blockchain-enabled companies. | Vietnam | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Round | |
|---|---|---|
|
|
7Star Capital Venture capital firm focusing on blockchain underlying technology and Web3.0 applications. |
N/A |
|
|
Bella Protocol [] Suite of DeFi products to make crypto banking simple. |
N/A |
|
|
Continue Capital Continue Capital focuses on investing in global blockchain technology, early-stage technology startup and providing Quant-Trading service. |
N/A |
|
Kernel Ventures |
N/A |
|
|
Mayor Capital Vietnam-based investment fund that exclusively focuses on blockchain-enabled companies. |
N/A |
|
Parallel Ventures |
N/A |
|
|
YBB Foundation Ltd Venture capital firm with a focus on blockchain projects. |
N/A |