Plasma Secures $20 Million for Blockchain Development
- Plasma raised $20 million in a Series A funding round.
- Framework Ventures led the investment round.
- The company previously raised $4 million in a seed round.
- Notable investors include Peter Thiel and Tether CEO Paolo Ardoino.
Plasma, a startup focused on blockchain technology for stablecoin transactions, has secured $20 million in a Series A funding round. The investment was led by Framework Ventures and included participation from prominent figures like Peter Thiel and Paolo Ardoino. This follows an earlier $4 million seed round aimed at enhancing Plasma’s capabilities.
Source (2.6)https://news.bitcoin.com/plasma-secures-20-million-to-launch-bitcoin-based-blockchain-for-zero-fee-stablecoin-transactions/?rand=52384
