Peter Thiel, Plasma and Bitcoin

Billionaire Peter Thiel-Backed Crypto Startup Plasma Raises $20M To Develop Bitcoin-Based Stablecoin Network
Crypto startup Plasma has successfully raised $20 million in a funding round. The funds will be used to develop a Bitcoin-based blockchain specifically for stablecoins. What Happened: The fundraising round,
Peter Thiel-backed Plasma Raises $24M to Build Zero-Fee Stablecoin Blockchain on Bitcoin
Plasma secures $24M Series A funding to build Bitcoin sidechain for fee-free stablecoin transactions, backed by major investors.
Peter Thiel-Backed Stablecoin Firm Plasma Rakes In $20,000,000 in Series A Fundraising
A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a recent fundraising event.
Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins
The project aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.
Exclusive: Stablecoin company Plasma raises $24 million from Framework to launch its own blockchain
Because of this, Paul Faecks, co-founder of stablecoin company Plasma, is building a blockchain tailored specifically to the most popular stablecoin that it hopes to introduce in the coming months. The blockchain is intended to attract stablecoin users by offering zero-fee Tether transactions,
Stablecoin blockchain raises $24 million
Plasma, a startup behind a blockchain built specifically for payments with stablecoins, has raised a fresh $20 million in a Series A funding round. Why it matters: Stablecoins are the killer app of blockchains,
Plasma raises $24M to launch zero-fee blockchain for Tether in Q2
Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in the second quarter of 2025, promises zero-fee transactions and a streamlined system designed solely for stablecoins.
Exclusive: Stablecoin company Plasma raises $24 million from Framework Ventures to launch its own blockchain
Because of this, Paul Faecks, cofounder of stablecoin company Plasma, is building a blockchain tailored specifically to the ...
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