Mountain Protocol Limited is a Bermuda-regulated digital-asset business that issued USDM. In 2025, Mountain announced a USDM wind-down process connected to Anchorage Digital's announced acquisition of Mountain Protocol.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| USDMMountain USD | Rwa Backed | Active | $1M |
| Legal name | Mountain Protocol Limited |
| Stage | Private |
| CEO | Martin Carrica |
| Founders | Martin Carrica |
| Funding rounds | Round Series A · Amount $8M · Year 2024 · Investors: Multicoin Capital |
| Regulatory status | Jurisdiction Bermuda · License type Digital Asset Business license · Status Licensed · Issued 2026 |
| Website | https://mountainprotocol.com/ |
Mountain Protocol Limited is a Bermuda-regulated digital-asset business that issued USDM. In 2025, Mountain announced a USDM wind-down process connected to Anchorage Digital's announced acquisition of Mountain Protocol.
Stablecoins issued by this entity: USDM.