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M1X Global develops blockchain-based financial instruments, including its on-chain USDM1 product.
M1X Global develops blockchain-based financial instruments, including USDM1, a sovereign, USD-denominated instrument issued on-chain and backed 1:1 by short-duration U.S. Treasury instruments. It targets institutional markets and government use cases. Founded in 2023, the company is based in New York, US. In July 2026, it raised USD 5.5 million in seed funding led by Paradigm, with participation from Breed VC.
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