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Usual - Undisclosed
Overview
Funding Date
April 17, 2024
Financing amount
$7M
Valuation
--
Catagory
Subcategory
About Usual - Undisclosed
Usual Labs has raised $7 million co-led by IOSG and Kraken Ventures. with other investors included GSR, Mantle, StarkWare, Flowdesk, AVID3, Bing Ventures, Breed, Hypersphere, Kima Ventures, Psalion, Public Works, Ventures and LBank Labs.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | Hong Kong | 2017 | 98 | hello@iosg.vc | ||
Corporate | -- | -- | 38 | -- | ||
Fund | Hong Kong | 2013 | 149 | gsr@gsr.io | ||
Foundation | Unknown | -- | 11 | -- | ||
Corporate | -- | 2017 | 28 | -- | ||
Corporate | Unknown | -- | 3 | -- | ||
Corporate | Unknown | -- | 5 | -- | ||
Fund | Singapore | -- | 10 | -- | ||
Corporate | United States of America | 2022 | 9 | info@breedvc.com | ||
Fund | United States of America | 2020 | 77 | -- |
Company Profile / Project Introduction
Usual is a fiat-backed stablecoin protocol that plans to launch USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs), and USUAL, a governance token that allows the community to guide the future evolution of the network.