Plasma
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Plasma raises $24M in Seed and Series A funding rounds
#Plasma secures $24M in a Seed and Series A funding rounds co-led by Framework and Bitfinex/USD₮0, with participation from DRW, Bybit, Flow Traders, 6th Man Ventures, IMC, Nomura, Karatage and angel investors.
Plasma is the purpose-built blockchain that aims to drive global stablecoin adoption to the next level and unlock trillions of dollars onchain.
👉 plasma.to/insights/plasma-raises-24m-led-by-framework-and-bitfinex-usdt0-to-build-the-leading-blockchain-for-stablecoins
#Plasma secures $24M in a Seed and Series A funding rounds co-led by Framework and Bitfinex/USD₮0, with participation from DRW, Bybit, Flow Traders, 6th Man Ventures, IMC, Nomura, Karatage and angel investors.
Plasma is the purpose-built blockchain that aims to drive global stablecoin adoption to the next level and unlock trillions of dollars onchain.
👉 plasma.to/insights/plasma-raises-24m-led-by-framework-and-bitfinex-usdt0-to-build-the-leading-blockchain-for-stablecoins
MAJOR RECENT CRYPTO FUNDRAISING EVENTS
#HashKeyGroup #Plasma #Legend #MangoNetwork $MGO #StakeStone #GamerBoom #FrodoBotsAI #NodeGo
#HashKeyGroup #Plasma #Legend #MangoNetwork $MGO #StakeStone #GamerBoom #FrodoBotsAI #NodeGo
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Plasma Raises $24 Million to Develop a Blockchain Dedicated to Stablecoins
#Plasma , a blockchain dedicated to stablecoins, has successfully raised $24 million in seed and Series A funding on February 13. The funds will be used to develop testnet, mainnet, and expand payment solutions, remittances, DeFi, and personal finance tools to optimize the stablecoin user experience.
Details of Funding Rounds
Seed round ($4 million): Participation included Bitfinex, Tether CEO Paolo Ardoino, Peter Thiel, Cobie and Zaheer Ebtikar (Split Capital).
Details of Funding Rounds
Seed round ($4 million): Participation included Bitfinex, Tether CEO Paolo Ardoino, Peter Thiel, Cobie and Zaheer Ebtikar (Split Capital).
🚀Top Project From Recent Funding Round Plasma🚀
🎉 Plasma has just secured $20.50M in its latest funding round! 🎉
🔹About: Plasma is a high-performance, scalable, and secure blockchain purpose-built for stablecoins. Built from the ground up, it delivers zero fees, lightning-fast transactions, and the robust security stablecoins like USD₮ require. Plasma is a scalable and secure EVM-compatible Bitcoin sidechain. With a trust-minimized BTC bridge, state root anchored to Bitcoin, and a BFT consensus featuring a fully EVM-compatible execution layer, Plasma builds on a robust foundation that delivers the speed, scalability, and specialized features stablecoins demand.🚀🌐
🔹 Lead Investors: Framework Ventures, Bitfinex, 6th Man Ventures, Bybit, Flow Traders and many more.
🔹 Total Raised: $24.00M.
🔹 Project Category: DeFi, Bitcoin Ecosystem.
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🔹About: Plasma is a high-performance, scalable, and secure blockchain purpose-built for stablecoins. Built from the ground up, it delivers zero fees, lightning-fast transactions, and the robust security stablecoins like USD₮ require. Plasma is a scalable and secure EVM-compatible Bitcoin sidechain. With a trust-minimized BTC bridge, state root anchored to Bitcoin, and a BFT consensus featuring a fully EVM-compatible execution layer, Plasma builds on a robust foundation that delivers the speed, scalability, and specialized features stablecoins demand.🚀🌐
🔹 Lead Investors: Framework Ventures, Bitfinex, 6th Man Ventures, Bybit, Flow Traders and many more.
🔹 Total Raised: $24.00M.
🔹 Project Category: DeFi, Bitcoin Ecosystem.
🌟If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
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🌐 Plasma Unveils Stablecoin-Focused Blockchain with HotStuff-Inspired Consensus (via @CoinDesk)
🔧 The new chain uses a HotStuff-inspired BFT mechanism, optimized for fast, global stablecoin transfers.
⚙️ Why it matters:
• HotStuff enables efficient Byzantine Fault Tolerance
• Reduces latency with single-step confirmations
• Seamless leader rotation prevents downtime
💡 A promising infrastructure move for the future of stablecoin payments at scale.
#Plasma #stablecoin #bft
🔧 The new chain uses a HotStuff-inspired BFT mechanism, optimized for fast, global stablecoin transfers.
⚙️ Why it matters:
• HotStuff enables efficient Byzantine Fault Tolerance
• Reduces latency with single-step confirmations
• Seamless leader rotation prevents downtime
💡 A promising infrastructure move for the future of stablecoin payments at scale.
#Plasma #stablecoin #bft
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