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Announced

28 Aug 2025

Completed

28 Aug 2025

Polychain and Ribbit Capital led a $40m Series B round in M0.

Synopsis

Polychain, an investment firm, and Ribbit Capital, a venture capital firm, led a $40m Series B round in M0, a universal stablecoin platform, with participation from Endeavor Catalyst, Pantera, and Bain Capital Crypto.

Principals

target

M0 Foundation

bidder

Endeavor Catalyst

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Market Context

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Seller Team (1)

luca prosperi

Co-Founder and CEO at M0 FOUNDATION

Manager

target

Deals

£ 57 M

Total Value

Bidder Team (5)

olaff carlson-wee

Founder and CEO at POLYCHAIN CAPITAL

Investor

bidder

Deals

£ 832 M

Total Value

mitch nedved

CFO at POLYCHAIN CAPITAL

Investor

bidder

Deal

£ 30 M

Total Value

meyer malka

Managing Director at RIBBIT CAPITAL

Investor

bidder

Deals

£ 3.83 B

Total Value

dan morehead

Founder, Managing Partner at PANTERA CAPITAL

Manager

bidder

Deals

£ 1.58 B

Total Value

andy cleverdon

CFO at BAIN CAPITAL CRYPTO

Investor

bidder

Deals

£ 3.22 B

Total Value

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