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M1X Global

United States

seed$5.5M raisedFintechCrypto & Web3capital markets

Total Raised

$5.5M

Stage

seed

Location

United States

Founded

2020

Team size

1-10

Links

About M1X Global

Crypto startup that issued tokenized sovereign debt instrument USDM1 backed by U.S. Treasury bonds.

What sets it apart

It combines sovereign debt issuance with blockchain infrastructure, enabling a government-issued, Treasury-backed instrument to settle natively on-chain with institutional-grade legal and custody structure.

Sectors

FintechCrypto & Web3capital marketspublic finance

Business

Modeltransactional

CustomerGovernments, regulated financial institutions, and institutional capital markets participants

Notable

  • Publicly launched USDM1 with the Republic of the Marshall Islands
  • Completed an oversubscribed $3 million angel round
  • Secured a $5.5 million seed round led by Paradigm
  • Completed a first fully on-chain repo transaction using a sovereign digital bond
  • Joined the Canton Network industry working group

Funding rounds

seed$5.5M

7 Jul 2026

Led by Paradigm

With Breed VC

Source ↗

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FAQ

What does M1X Global do?

Crypto startup that issued tokenized sovereign debt instrument USDM1 backed by U.S. Treasury bonds.

Where is M1X Global based?

M1X Global is based in United States, founded in 2020.

How much has M1X Global raised?

M1X Global has raised $5.5M in tracked funding and is currently at the seed stage.

Who has invested in M1X Global?

Investors in M1X Global include Paradigm and Breed VC.