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Plasma, a startup focused on stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures! 💰 This follows a $4 million seed round with notable backers like Peter Thiel and Tether CEO Paolo Ardoino. The investment will enhance Plasma's…
peter thiel cobie and the founder of tether paolo as angels better find a way to get exposure @PlasmaFDN is building the leading blockchain for stablecoins https://t.co/HuzvjImMbr
Whitelist alert alpha!!! @infinifilabs The First On-Chain Fractional Reserve System. Type: Whitelist Backers: Electric Capital, New Form Capital, Baboon VC and more… Raised: $3m How to join: - Go to https://t.co/IgdfqXTRj7 - connect wallet and twitter (follow) - Invite…
Plasma, a stablecoin company, has successfully raised $24 million in total funding, including a $20 million Series A round led by Framework Ventures. This financing will support the development of a blockchain specifically designed for Tether, aiming to facilitate zero-fee USDT transactions. The total funding comprises an earlier $4 million seed round backed by notable investors such as Peter Thiel and Paolo Ardoino. The new blockchain is expected to launch in the second quarter of this year, enhancing the efficiency of stablecoin transactions.
