Mezo Launches First Full-Stack Bitcoin Economy to Mainnet

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Here’s a summary based on the information provided:

Startup Details

Founders

  • Matt Luongo: CEO of Thesis* and Co-founder of Mezo
  • Brian Mahoney: Co-founder of Mezo

Funding Details

  • Investors: Thesis* (as the venture studio building Mezo)

Fundraise Series and Date

  • Fundraise Series: Not specifically mentioned
  • Mainnet Launch Date: May 28, 2025

Key Features

  • Product: Bank-free Bitcoin finance platform
  • Stablecoin: MUSD (fully Bitcoin-backed stablecoin)
  • Unique Selling Propositions:
    • Allows users to access credit and fixed-rate loans against Bitcoin
    • Low fixed interest rates starting at 1% for MUSD loans

Partnerships

  • Lolli: Integrating Lolli rewards into the Mezo ecosystem
  • Other partnerships with platforms include:
    • BitRefill
    • Ledger
    • Fold
    • Embody
    • SheFi
    • Wormhole
    • Magic Eden
    • Brink
    • Velar PerpDEX
    • Zeroland
    • Threshold Network
    • Xverse

Community Participation (during Testnet)

  • Total deposits: $322 million
  • Total MUSD borrowed: $1.8 billion
  • Total transactions: 154,000

This encapsulates the key information about Mezo as presented in the article.

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2025-05-28 17:00:17