West Lafayette, | London, UK – Hoskinson Family Office, Inc. (HFO) is W3I Software, Inc., behind USDM, a Fiat-backed Stablecoin, which is Cardano’s first mica compliant. We have invested a large amount of $1.5 million in the company. This strategic move aims to bridge the gap between decentralized finance (DEFI) and the regulated financial ecosystem, and will help expand Cardano’s reach globally.
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USDM, a stablecoin issued by Moneta Digital, is one of the few digital currencies that stands perfectly aligned with the European Union market of the Crypto Union (MICA) framework. By introducing fully compliant digital dollars to the Cardano network, USDM creates new opportunities for developers, institutions and governments to access financial solutions in the chain of trust.
Strategic collaboration to accelerate USDM adoption
As part of the investment, HFO’s Chief Investment Officer Dan Singleman will work closely with W3I CEO Jillian Plomin and other leadership teams to help the adoption of USDM through banks, government agencies and financial markets around the world. The partnership aims to position Cardano as a leader in regulated blockchain finance.
“USDM is an infrastructure essential to Cardano’s future. W3i and Moneta Digital have created stability that meet the highest regulatory standards. It is now promoting institutional adoption across banks, governments and financial markets.
Charles Hoskinson, founder of HFO and CEO of Input Output Global (IOG)
Global Investor Powers: W3I launches crowdfunding campaign
In addition to the investment, W3I launched a Regulated Crowdfunding (REG CF) campaign, inviting global supporters to invest in the company and become shareholders of technology that promotes Cardano’s regulated debt. This initiative gives everyday investors the opportunity to own a portion of the infrastructure that drives Cardano compliance and growth in the financial sector.
“We are not just building stubcoins, but we are laying the foundation for Cardano to thrive within a regulated financial ecosystem. With the support of the Hoskinson Family Office and the community, USDM is poised to lead the financial future.”
Jillian Plomin, CEO of W3I
The crowdfunding campaign is currently live. For more information or to invest, visit InvestInw3i.com.
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About W3i
Founded in 2022 by Matthew Plomin, W3I is committed to creating safe and compliant financial tools. Its flagship product, USDM, is a dollar-backed Stablecoin issued by Moneta Digital, designed to provide transparency, stability and regulatory compliance to users of the digital economy.
Hoskinson Family Office, Inc. About
Hoskinson Family Office, Inc. (HFO) manages the investment and operations of the Hoskinson family and oversees a diverse portfolio across sectors such as ranches, healthcare, construction and emerging ventures. In addition to investment work, HFO is dedicated to philanthropy, supporting causes of support focused on ethical management, sustainability, education and community well-being.
