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[New Fundraising] Stablecoin company Plasma completes $24 million financing, led by Framework Ventures
Plasma is the scalable payments and financial infrastructure on Bitcoin. Built on a native UTXO foundation, Plasma allows gas fees to be paid with BTC and works seamlessly with existing Bitcoin infrastructure. By leveraging a hybrid UTXO/Account architecture, users can unlock new functionality for holding, staking, and deploying their Bitcoin, seamlessly traversing between UTXO and account space.
More about Plasma:
https://www.rootdata.com/Projects/detail/Plasma?k=MTQ2NjE%3D
Source:
https://fortune.com/crypto/2025/02/13/exclusive-stablecoin-company-plasma-raises-24-million-from-framework-to-launch-its-own-blockchain/
BY RootData

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