Mu Digital aims to digitize Asia’s $20 trillion credit market, backed by major investors and offering yields of up to 15% with its November 24 blockchain launch.
Mu Digital announced raising $1.5 million in a Pre-Seed funding round with participation from UOB Venture Management, Signum Capital, CMS Holdings, and Cointelegraph Accelerator. The company plans to digitize Asia’s $20 trillion credit market via the Monad mainnet launch on November 24, introducing high-yield products including Asia Dollar (AZND) and muBOND, with returns of up to 15%. This marks a significant step toward integrating large-scale credit markets with blockchain technology.