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stablecoin issuer MandelaDigital completes US$5 million in financing and DataaultAI participates in investment
According to Globeneewswire, stablecoin issuer MandelaDigital announced that it has completed US$5 million in financing, with DataaultAI participating. The new funds will be used for stablecoin infrastructure construction, compliance, exchange integration, liquidity and marketing, as well as accelerating the launch of the 1:1 stablecoin MandelaDollar (MUSD) anchored to the US dollar.<br />
It is reported that DataultAI will also provide MUSD with technical support such as AI platform, blockchain tokenization, SanQtum anti-quantum encryption and real-world asset (RWA) framework.