Mountain Protocol (acq by Anchorage Digital) logo — The next-gen stablecoin. 
Regulated. Permissionless. Yield-b...

Mountain Protocol (acq by Anchorage Digital)

The next-gen stablecoin. Regulated. Permissionless. Yield-bearing. Acquired by Anchorage Digital.

Founded 2023 Bermuda Bermuda 2 employees Acquired Total: $12.00M

General Information

Company Name Mountain Protocol (acq by Anchorage Digital)
Founded Year 2023
Location Bermuda Bermuda +1
Employees 2
Funding Stage Acquired
Social

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About Mountain Protocol (acq by Anchorage Digital)

Mountain Protocol, founded in 2023, is a digital asset issuer based in Bermuda, regulated by the Bermuda Monetary Authority. The company introduced USDM, the first yield-bearing, nationally regulated USD stablecoin. This innovative asset is backed by US Treasuries, offering a bankruptcy-remote and permissionless solution.

The company operated under the slogan, "The next-gen stablecoin. Regulated. Permissionless. Yield-bearing," until its acquisition by Anchorage Digital, finalized on 01 May 2025. This acquisition aligns with Anchorage Digital's strategy to cement its presence in the digital finance space.

Mountain Protocol's unique offering provided a competitive edge in stablecoin technology, ensuring a regulated and secure avenue for digital transactions. Their approach appeals to investors interested in a credible and sustainable digital asset option, which is crucial for attracting venture capital in the evolving financial industry landscape.

Taxonomy: Stablecoin, Regulated Finance, Digital Asset Issuer, Yield-Bearing Asset, US Treasuries, Bankruptcy Remote, Permissionless Composability, Enterprise-Grade Finance, Digital Currency, Financial Security, Risk-Free Rate Access, Blockchain Finance, Custody Solutions, Treasury-Backed

Services & Products

USDM minting and redemption
Cryptocurrency trading
Smart contract integration
Decentralized finance solutions
Bankruptcy remote asset management

Target Customers

Institutional investors Decentralized finance participants Cryptocurrency exchanges Blockchain developers Businesses incorporated in supported countries

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1
Investor
01 May 2025
Series A •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
01 Jun 2024
Seed •••••• 6
Investor Investor Investor
•••• ••••
01 Sep 2023

Mountain Protocol (acq by Anchorage Digital) Alternatives & Competitors

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FAQ About Mountain Protocol (acq by Anchorage Digital)

The next-gen stablecoin. Regulated. Permissionless. Yield-bearing. Acquired by Anchorage Digital.
Mountain Protocol (acq by Anchorage Digital) was founded in 2023.
Mountain Protocol (acq by Anchorage Digital) is headquartered in Bermuda.
Mountain Protocol (acq by Anchorage Digital) has approximately 2 employees.
Mountain Protocol (acq by Anchorage Digital) has completed 3 funding rounds, raising a total of $12.00M. The latest funding stage is Acquired.
Mountain Protocol (acq by Anchorage Digital) offers: USDM minting and redemption, Cryptocurrency trading, Smart contract integration, Decentralized finance solutions, Bankruptcy remote asset management.
Top alternatives and competitors to Mountain Protocol (acq by Anchorage Digital) include Stably, Schuman Financial, Perena, Schuman Financial, IDA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mountain Protocol (acq by Anchorage Digital) and Stably are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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