mStable completed a new round of funding on 2020-08-11.

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According to media reports, mStable completed a new round of funding on 2020-08-11. the investors in this funding round include DeFiance Capital,Apollo Crypto,Meld Ventures,Alameda Research,Three Arrows Capital,Kain Warwick,Eric Conner,Zhuoxun Yin,Anthony Sassal and others.
mStable is an autonomous and non-custodial infrastructure for pegged-value crypto assets. It was created to address three major problems: significant fragmentation of same-peg crypto assets, lack of yield in fiat currencies and pegged crypto assets, and lack of protection against permanent capital loss in pegged crypto assets. mStable solves these issues by creating meta-assets, which are fully backed by a diversified basket of existing tokenized same-base assets.

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MTA Fundraising History
RoundAmountValuationTimeInvestor(s)
------2020-08-11DeFiance Capital,Apollo Crypto,Meld Ventures,Alameda Research,Three Arrows Capital,Kain Warwick,Eric Conner,Zhuoxun Yin,Anthony Sassal
Key Milestones
  • 2023-03-24
    mStable was acquired by dHedge
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