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Techflow Deep Tide News: On March 25, according to CoinTelegraph, M1X Global, the entity behind the Marshall Islands UBI plan, completed a $3 million angel round of funding. Investors include Balaji Srinivasan, former CTO of Coinbase, and Tama Churchouse, CEO of Cumberland Labs, among other crypto industry figures. The funds will be used to drive the expansion of USDM1 digital sovereign bonds into the institutional market. USDM1 launched on the Stellar blockchain in December last year, but the IMF previously warned that the project carries fiscal risks and cybersecurity vulnerabilities, believing that its returns are disproportionate to its risks.