[Marshall Islands Universal Basic Income Project Secures $3 Million Investment from Crypto-Backed Individuals] Odaily Planet Daily reports that the company behind the Marshall Islands Universal Basic Income (UBI) project, M1X Global, has announced the completion of a $3 million angel funding round. Investors include several industry executives with crypto and financial backgrounds. The new funds will be used to advance the development and application of the USDM1 digital sovereign bond. USDM1 is a sovereign financial instrument pegged to the US dollar, designed to support local residents' participation in the UBI program. This asset was launched on Stellar in December 2025 and is expected to expand to institutional markets in the future, where it will be used as high-quality collateral. (Cointelegraph)