Usual raised $7 M in a new round of funding on 2024-04-16.

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USUAL
USUAL
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According to media reports, Usual raised $7 M in a new round of funding on 2024-04-16. the investors in this funding round include IOSG Ventures,Triton Capital XYZ,GSR,StarkWare,Flowdesk,Hypersphere Ventures,Bing Ventures,Mantle Network,Public Works,Kima Ventures and others. Following this round, Usual has raised a total of $18 M, bringing its latest valuation to $50 M.
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. Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.

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USUAL Fundraising History
RoundAmountValuationTimeInvestor(s)
--$7 M$50 M2024-04-16IOSG Ventures,Triton Capital XYZ,GSR,StarkWare,Flowdesk,Hypersphere Ventures,Bing Ventures,Mantle Network,Public Works,Kima Ventures
Key Milestones
  • 2024-12-23
    Usual raised $ 10 M in Series A round
  • 2024-12-18
    Binance listed USUAL
  • 2024-11-19
    $USUAL was live for trading
  • 2024-11-06
    Usual raised $ 1.5 M in Community round
  • 2024-07-09
    Usual was live on mainnet
  • 2024-04-17
    Usual raised $ 7 M in funding round
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