Stablecoin Company Plasma Completes $24 Million Funding Round, Led by Framework Ventures

BlockBeats News, February 13th, Stablecoin company Plasma announced the completion of a $24 million financing round, led by Framework Ventures, with cryptocurrency exchange Bitfinex, venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino participating. It is reported that the funds raised in this round will be used to launch the Plasma blockchain in early second quarter of this year. The valuation of the company in this round of financing has not been disclosed.