Plasma

Scalable payments and financial infrastructure on Bitcoin

plasma.to

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Plasma

Details

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.

Tags: Infra Payments

Founded: 2024

Team

Paul Faecks

Founder

Hans

CTO

Lucid

COO

Vincent Rong

Head of Ecosystem

Fundraising

Framework Ventures

Lead

Bitfinex

Lead

Mirana Ventures

6th Man Ventures

Manifold Trading

Flow Traders

Cumberland DRW

Bybit

Karatage

Nomura Holdings

IMC Trading

Anthos Capital

Split Capital

Cobie

Paolo Ardoino

Guy Young

Round	Amount	Valuation	Date	Investors
--	$ 24 M	--	Feb 12	Framework Ventures*, Mirana Ventures, 6th Man Ventures, Bitfinex, Cumberland DRW, Flow Traders, Bybit, IMC Trading, Karatage, Nomura Holdings, Paolo Ardoino, Cobie, Guy Young, Peter Thiel, Zaheer Ebtikar
--	$ 3.5 M	--	Oct 17, 2024	Bitfinex*, Manifold Trading, Anthos Capital, Karatage, Split Capital, Christian Angermayer