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DAC8562TEVM: DXP with FTDI USB to SPI converter and NO MMB0?

Part Number: DAC8562TEVM
Other Parts Discussed in Thread: DXP, DAC8562

I'm trying to run the DAC8562TEVM board with an FTDI USB to SPI converter UMFT4222EV-C and DXP and I get the "waiting for USB" hang.

Is it possible to run this setup or do I have to have the MMB0 board for it to work?