M^0

In April 2023, we at Pantera Capital proudly announced that we were leading the seed round in M^0 Labs and I wrote a teaser here. Today, we are thrilled to join the M^0 team in introducing what they are working on to the world! 

Stablecoins have quickly emerged to be one of crypto’s killer use-cases and most obvious forms of product-market fit. Today, the total market cap of outstanding stablecoins is ~$137 billion (per CoinMarketCap) and adoption of these products shows no sign of slowing down as increasingly more infrastructure and applications are built around them. However, stablecoins today primarily live on the legacy financial infrastructure rather than an internet-sovereign one. That’s where M^0 Labs comes in.

M^0 Labs is building the infrastructure for a new type of monetary system. Through M^0, an on-chain protocol, and a set of off-chain standards and APIs, minters can create a new type of value representation: M. In doing so, M^0 and the team are looking to rewrite the modern monetary stack from the ground up, rather than merely adding another layer atop the existing infrastructure.

Alongside co-founders Greg Di Prisco, Oliver Schimek, and Luca Prosperi and top-tier investment partners, we are ecstatic to help usher in this new era of crypto financial service products.

Curious to learn more about M^0?

Check out their newly announced Whitepaper and Documentation!

Join the ecosystem here