Odaily Planet Daily reports that stablecoin issuer Mandela Digital has announced the completion of a $5 million funding round, with Datavault AI participating as an investor. The new capital will be used to build stablecoin infrastructure, ensure compliance, integrate with exchanges, enhance liquidity and market outreach, and accelerate the launch of the 1:1 USD-pegged stablecoin, Mandela Dollar (MUSD). MUSD is positioned to promote financial inclusion, cross-border remittances, and digital payments in the Global South. Datavault AI will also provide technical support for MUSD, including its AI platform, blockchain tokenization, SanQtum quantum-resistant cryptography, and real-world asset (RWA) framework. (Globenewswire)
Stablecoin issuer Mandela Digital completes $5M funding round with Datavault AI
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Summary
Mandela Digital, a stablecoin issuer, has secured $5 million in funding led by Datavault AI, according to digital asset news. The capital will support MUSD’s infrastructure, compliance, exchange integration, liquidity, and marketing. MUSD is a dollar-pegged stablecoin designed to promote financial inclusion and digital payments in the Global South. Datavault AI will provide AI tools, quantum-resistant encryption, and real-world asset frameworks. The initiative aligns with increasing interest in digital collectibles and blockchain-based solutions.
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