RWA platform Mu Digital completes $1.5 million Pre-Seed funding round

Mu Digital announced that it has completed a $1.5 million Pre-Seed funding round, with investors including UOB Venture Management, Signum Capital, CMS Holdings, Cointelegraph Accelerator, and Echo.

Mu Digital focuses on bringing real assets from Asia's $20 trillion credit market on-chain, with plans to launch the Monad mainnet on November 24. The products include Asia Dollar (AZND) which targets a yield of 6-7%, and muBOND which offers yields of up to 15%.