Tagged: plasma

Neobank Plasma Launches “Stablecoin Banking”

Plasma has announced the launch of a stablecoin neobank called Plasma One. As a neobank, it does not hold a regulated bank license but works with regulated entities to provide certain services. The stablecoin-native neobank app aims to compete with other established digital banks by… Read More

Elliptic Teams Up with Plasma to Enable Compliant Stablecoin Adoption

Elliptic, a provider of blockchain analytics and compliance solutions, has forged a strategic partnership with Plasma, a Layer-1 blockchain engineered exclusively for stablecoin payments. Announced recently in London, this collaboration integrates Elliptic’s compliance tools directly into Plasma’s infrastructure, ensuring scalability while upholding standards of regulatory… Read More

Digital Assets : Crypto.com Selected By Plasma for Institutional Custody and Liquidity

Crypto.com announced that Plasma, a Layer 1 blockchain optimized for stablecoins, has selected Crypto.com Custody to provide secure custody and liquidity services for its digital assets. This partnership aims to deliver “institutional-grade security, compliance, and seamless asset management across Plasma’s global network.” Crypto.com Custody offers… Read More

Blockchain for Stablecoin Payments : Plasma Reports $24M in New Funding

Plasma, a “purpose-built” blockchain for stablecoin payments, announced it has secured $24 million in funding. Plasma has raised $20 million in a Series A led by Framework Ventures, a  crypto-native venture capital firm “known for its early entrance in the DeFi, AI, and DePIN spaces.”… Read More

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