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Mountain Protocol
Stablecoin Protocol
mountainprotocol
Twitter
LinkedIn
Categories:
Stablecoin Protocol
DeFi
Ecosystem:
Ethereum
Founded:
2023
Mountain Protocol allows Primary users (users with an approved Mountain Protocol account) to purchase and redeem USDM at a pegged value of $1. It allows users to gather digital asset wallet addresses and wire details to fund their accounts. All funds in the platform are auto-converted to USDM once settled. The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.
Mountain Protocol Fundraising
M&A
Amount
--
Valuation
--
Date
May 13, 2025
Investors
Anchorage
Series A
Amount
$8M
Valuation
--
Date
Jun 06, 2024
Investors
Multicoin Capital*
Wormhole
Aptos
Bankless Ventures
Borderless Capital
Coinbase Ventures
The Venture Dept.
Castle Island
Seed
Amount
--
Valuation
--
Date
Sep 11, 2023
Investors
Castle Island*
Daedalus
Ameen Soleimani
Alex Svanevik
New Form Capital
Manuel Araoz
Coinbase Ventures
Investor
Coinbase Ventures
United States
Bankless Ventures
United States
Aptos
United States
Multicoin Capital
United States
Castle Island
United States
Daedalus
Alex Svanevik
Wormhole
United States
New Form Capital
United States
The Venture Dept.
United States
Ameen Soleimani
Manuel Araoz
Anchorage
United States
Mountain Protocol Team
Martin Carrica
Co-founder & CEO
Matías Caricato
Co-Founder
Erika Gonzalez
Chief Compliance and Risk Officer
News
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Mountain Protocol
Stablecoin Protocol
mountainprotocol
Twitter
LinkedIn
Categories:
Stablecoin Protocol
DeFi
Ecosystem:
Ethereum
Founded:
2023
Mountain Protocol allows Primary users (users with an approved Mountain Protocol account) to purchase and redeem USDM at a pegged value of $1. It allows users to gather digital asset wallet addresses and wire details to fund their accounts. All funds in the platform are auto-converted to USDM once settled. The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.
Mountain Protocol Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
M&A----May 13, 2025
Anchorage
Series A$8M--Jun 06, 2024
Multicoin Capital*
Wormhole
Aptos
Bankless Ventures
Borderless Capital
Coinbase Ventures
The Venture Dept.
Castle Island
Seed----Sep 11, 2023
Castle Island*
Daedalus
Ameen Soleimani
Alex Svanevik
New Form Capital
Manuel Araoz
Coinbase Ventures
Investor
Coinbase Ventures
United States
Bankless Ventures
United States
Aptos
United States
Multicoin Capital
United States
Castle Island
United States
Daedalus
Alex Svanevik
Wormhole
United States
New Form Capital
United States
The Venture Dept.
United States
Ameen Soleimani
Manuel Araoz
Anchorage
United States
Mountain Protocol Team
Martin Carrica
Co-founder & CEO
Matías Caricato
Co-Founder
Erika Gonzalez
Chief Compliance and Risk Officer
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