Plasma completes $3.5 million financing, led by Bitfinex
ChainCatcher news, according to The Block, a Bitcoin-centric, EVM-compatible Plasma has completed a $3.5 million financing round, led by Bitfinex, with participation from Christian Angermayer and venture capital firms Split Capital, Anthos Capital, Karatage, and Manifold Trading.
Plasma focuses on expanding access to the USDT stablecoin. Plasma will be fully compatible with the Ethereum Virtual Machine, meaning it can run any Ethereum-compatible smart contracts, thus providing a solution to extend Bitcoin's functionality.
According to RootData, Plasma is a scalable, zero-fee, Bitcoin-backed payment platform.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
