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Plasma

Plasma is a high-throughput, zero-fee payment platform built on Bitcoin. It enables USD₮ transfers without fees and supports over 1,000 transactions per second, leveraging Bitcoin’s security.

Series A Round: $20.5M

Funding Round: $3.5M

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Overview

Project industryFinance Services & Banking / DeFi / Bitcoin Ecosystem
Product typePlatform
FoundedUnited States

What is Plasma

Plasma is a purpose-built Bitcoin sidechain for stablecoins. It combines a high-performance BFT consensus, full EVM compatibility, and secure state anchoring to Bitcoin—delivering the speed, scalability, and security stablecoins demand.

Unlike traditional blockchains, Plasma is engineered specifically for stablecoins. It offers zero-fees for USD₮ transfers, thousands of transactions per second, and robust security—optimizing every aspect for stablecoin adoption.

Details

Raised: 24,000,000 USD

Legal

Registration year: 2024

Project team

Vincent Rong
Vincent Rong
Head of Ecosystem
Vincent Rong linkedin
Hans Walter Behrens
Hans Walter Behrens
Chief Technology Officer
Hans Walter Behrens linkedin
Rick Morrow
Rick Morrow
Senior DevOps Engineer
Rick Morrow linkedin
Edmundo Lopez Bobeda
Edmundo Lopez Bobeda
Staff Blockchain Engineer
Edmundo Lopez Bobeda linkedin
Tobias Vicenti
Tobias Vicenti
Software Engineer
Tobias Vicenti linkedin
Karim A.
Karim A.
Principal Protocol Engineer
Karim A. linkedin
Alexsander Falcucci
Alexsander Falcucci
Rust Software Engineer
Alexsander Falcucci linkedin
Fernando Torterolo
Fernando Torterolo
Software Engineer
Fernando Torterolo linkedin
Dimitris Zervas
Dimitris Zervas
Senior DevOps Engineer
Dimitris Zervas linkedin

Social media

Plasma web-sitePlasma LinkedInPlasma X (Twitter)Plasma Discord

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