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Plasma

Plasma announces airdrop for verified sale participants and early contributors

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Key Takeaways Plasma is conducting an airdrop for early token sale contributors. The airdrop rewards smaller depositors who completed Sonar verification during Plasma’s fundraising phase. Share this article Plasma today announced a token distribution for contributors to its public sale, with eligibility verified through Sonar. The airdrop targets smaller depositors who participated in Plasma’s fundraising … Read more

EtherFi Moves $500M to Bitfinex-Backed Plasma Layer 2

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Plasma is gathering serious traction in the DeFi space. Backed by Bitfinex, the stablecoin-focused Layer 2 just landed a major partner. EtherFi, the leading liquid restaking platform, is integrating its $500 million ETH vault directly into Plasma. This positions the network for a strong launch and gives users immediate access to deep liquidity from the … Read more

SOSV bets plasma will change everything from semiconductors to spacecraft

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Sometimes a tool — like a hammer — comes along and everything starts looking like a nail. But other times, new tools end up being more than a simple blunt-force object. The investors at SOSV are betting that plasma will become a nuanced implement capable of everything from enabling fusion power to changing the way … Read more

Plasma stablecoin layer 1 raises $373M in 10-day token sale

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Plasma, a stablecoin-focused layer 1 blockchain, has raised $373 million in a public token sale, positioning itself as a major new player in the stablecoin infrastructure space. Summary Plasma raised $373M in 10 days, exceeding its $50M goal by 7x. The network will launch with $1B in TVL and support zero-fee transfers. Its timing follows … Read more

Astronomers Detect Entirely New Type of Plasma Wave Above Jupiter’s North Pole

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Since entering Jupiter’s orbit in 2016, NASA’s Juno spacecraft has been hard at work unveiling the many mysteries of our solar system’s largest planet. And its latest discovery may be one of the most intriguing yet: an entirely new type of plasma wave near Jupiter’s poles.  In a paper published Wednesday in Physical Review Letters, … Read more

HashKey Group, Plasma secure VC support

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The second week of February showed strong activity in crypto VC funding as HashKey Group secured $30 million with a $1.50 billion valuation. According to Crypto Fundraising data, the week brought total funding to over $150 million, with payment solutions and infrastructure projects leading. The funding pattern showed rising interest in stablecoin development and L1 … Read more

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