Breed VC
Breed VC is an early-stage crypto fund focused on partnering with vetted founders who are creating the decentralized future.
News Heat Trend
Related news
Breed VC completes $15 million fundraising for second crypto fund, with FalconX and others participating
Odaily News: The fund's investors include FalconX, Hutt Capital, Arrington Capital, as well as Nic Carter, Rob Hadick, and Jake Brukhman. The fund will primarily invest in Day Zero, Pre-Seed, and Seed stage crypto startups, with individual investments ranging from $250,000 to $750,000, focusing on open financial infrastructure and decentralized AI, and plans to deploy over the next 3 to 4 years.
FalconX
Tokenized sovereign debt platform M1X completes $5.5 million seed funding round, led by Paradigm
tokenized sovereign debt startup M1X Global has completed a $5.5 million seed funding round, led by Paradigm, with participation from Breed VC and others.It is understood that M1X Global previously collaborated with the Republic of the Marshall Islands to assist in the issuance of the on-chain sovereign debt instrument USDM1. This product is a dollar-denominated tokenized sovereign debt instrument, 1:1 backed by U.S. Treasury bonds, and natively issued on a public blockchain by a sovereign nation. USDM1 was initially issued on Stellar and is now also available on Canton and Solana.Jordan Goldman, President and COO of M1X, stated that sovereign debt is one of the largest asset classes globally, but prior to USDM1, it did not exist in a native on-chain form. The company aims to establish USDM1 as on-chain sovereign collateral and expand its use within regulated financial markets.The initial application scenario for USDM1 is domestic government aid distribution. Citizens of the Marshall Islands can receive funds via the Lomalo wallet, with payments settling in seconds, bypassing the need for traditional correspondent banking networks. M1X also indicated that its recent integration with Bank of Guam, a U.S. FDIC-insured bank, further connects USDM1 to regulated banking infrastructure. (The Block)
Block
Paradigm
Paradigm
Republic
Republic
Solana