Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure By Cointelegraph
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Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital and Earlybird.
The company said the funds would be used to build a decentralized infrastructure that allows institutional participants to allocate assets on-chain and transfer value in a “completely transparent, open-source, and composable manner, while minimizing their exposure to counterparty risk.” The capital will also be deployed to aid ongoing product development.
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Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital and Earlybird.
The company said the funds would be used to build a decentralized infrastructure that allows institutional participants to allocate assets on-chain and transfer value in a “completely transparent, open-source, and composable manner, while minimizing their exposure to counterparty risk.” The capital will also be deployed to aid ongoing product development.
Continue Reading on Coin Telegraph
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