Back to Startups

Mountain USD

About Mountain USD

Mountain USD is the issuer of M^0, a next-generation yield-bearing stablecoin, which has recently launched its mainnet. The company has successfully closed a $35M Series A funding round led by Bain Capital Crypto, with participation from notable investors such as Galaxy Digital, Wintermute, GSR, Caladan, and SCB 10X.

Business Information
Traction
Users

10,000+

ARR

$1M

Growth

150% YoY

Key Metric

Over $50M in assets managed

Location

Hamilton , Bermuda , Bermuda North America

Target Customers
retail investors institutional investors crypto enthusiasts
Industry Categories
Blockchain/Web3 Accounting/Finance
Business Model
Revenue Model Transaction fees and asset management fees
Pricing Strategy Competitive fee structure based on transaction volume
Sales Channels direct sales, partnerships with financial institutions
Funding Timeline
Round Date Amount Investors
Series A Apr 18, 2025 $35.0M BainCapCrypto, galaxyhq, wintermute_t +3 more
Founders

No founder information available.

Investors
B
BainCapCrypto

Venture Capital

G
GSR_io

Venture Capital

S
SCB10X_OFFICIAL

Corporate Venture Capital

c
caladanxyz

Corporate

g
galaxyhq

Venture Capital

w
wintermute_t

Crypto Trading Firm

Recent Mentions

No recent tweets about this startup.

Similar Startups

No similar startups found.

Other Data Sources
2
Exa Startup Data
Apr 21, 2025
Twitter Startup Data
Apr 20, 2025
View Source
Exa Enrichment History
1

Fields Updated
funding
Enrichment Details
Funding
Successfully closed a $35M Series A funding round led by Bain Capital Crypto, with participation from notable investors such as Galaxy Digital, Wintermute, GSR, Caladan, and SCB 10X.
Enrichment History
  • {'updated_at': '2025-04-24T23:25:04.938433', 'fields_updated': {'funding': True}, 'query_used': 'Mountain USD website:https://mountainprotocol.com/ Blockchain, Cryptocurrency, Fintech company business model funding', 'sources_count': 5}
Source URLs