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Mu Digital has completed a $1.5 million Pre-Seed round of financing, focusing on bringing high-yield credit from Asia on-chain.
PANews, November 21 - Mu Digital announced that it has completed a $1.5 million Pre-Seed round of financing, with investors including UOB Venture Management, Signum Capital, CMS Holdings, Cointelegraph Accelerator, and Echo. Mu Digital focuses on bringing real assets from Asia's $20 trillion credit market on-chain, and plans to launch the Monad Mainnet on November 24. The products include the Asia Dollar (AZND) with a targeted yield of 6-7% and muBOND with a yield of up to 15%.