The project aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a ...

Plasma secures $24M Series A funding to build Bitcoin sidechain for fee-free stablecoin transactions, backed by major investors.

The new stablecoin-focused blockchain received $24 million in investment from Framework Ventures, Bitfinex, Paolo Ardoino and Peter Thiel.

Plasma, a crypto startup building a Bitcoin ... stablecoin issuer Tether's CEO Paolo Ardoino, venture capitalist Peter Thiel and prominent crypto traders Cobie and Zaheer Ebtikar, also known ...

Plasma aims to overcome the challenges that ... Previously, it was reported that Bullish Global, a crypto exchange backed by Peter Thiel, is contemplating an IPO in 2025.

Crypto startup Plasma has successfully raised $20 million in a funding round. The funds will be used to develop a ...

According to a Feb. 13 Fortune report, the funding round was led by venture firm Framework Ventures with participation from Bitfinex, Peter Thiel and Tether CEO Paolo Ardoino. Plasma co-founder ...