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The Block • Jun 12, 2025
Plasma doubles its deposit cap, clarifies it is eyeing $50M public sale at $500M FDV
By increasing its deposit limit, Plasma aims to raise substantial capital through a token offering, allowing stablecoin holders to gain access to XPL and potentially benefit from f...
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The Block • May 27, 2025
Cobie’s ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
The launch of Sonar introduces a new investment opportunity as Plasma aims to raise $50 million by selling a 10% stake in its token, reflecting a valuation of $500 million.
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