Paradigm leads $5.5 million seed round in M1X Global to expand tokenized sovereign debt platform

The Block·

Paradigm leads $5.5 million seed round in M1X Global to expand tokenized sovereign debt platform

60-second summary

Paradigm leads a $5.5 million seed round in M1X Global to expand its tokenized sovereign debt platform. M1X Global has already collaborated with the Republic of the Marshall Islands on the issuance of the on-chain sovereign bond USDM1.

M1X Global, which worked with the Republic of the Marshall Islands on the issuance of the onchain sovereign bond USDM1, has raised funds.