Mu Digital completes $1.5 million Pre-Seed funding round, focusing on bringing high-yield credit from Asia on-chain

Mu Digital announced that it has completed a $1.5 million Pre-Seed round of financing, with investors including UOB Venture Management, Signum Capital, CMS Holdings, Cointelegraph Accelerator, and Echo.

Mu Digital focuses on bringing real assets from Asia's $20 trillion credit market on-chain, with plans to launch the Monad mainnet on November 24. The products include Asia Dollar (AZND) with a focus on 6-7% returns and muBOND with returns of up to 15%.