Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure
M^ZERO Labs, a Berlin-based company focused on building neutral infrastructure to connect assets in the global financial system with decentralized applications, has raised $22.5 million in a funding round led by Pantera Capital. Other investors who participated in the round include Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital, and Earlybird. The funds raised will be used to develop a decentralized infrastructure that enables institutional investors to allocate assets on-chain and transfer value transparently while minimizing counterparty risk.
The platform aims to connect global financial system assets with decentralized applications to provide participants with enhanced capabilities. According to M^ZERO, the funds will also be used to aid ongoing product development, specifically to equip accredited financial institutions that comply with local regulations with middleware for on-chain and open-source value transfer.