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Decrypt • Jun 19, 2025

Bitcoin Sidechain Plasma Eyes 'Late Summer' Mainnet Launch Following Massive ICO

Plasma plans to introduce its mainnet by late summer, having raised substantial funds through a $1 billion token pre-sale to develop a leading stablecoin blockchain platform.

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CoinDesk • Jun 09, 2025

Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays

The recent fundraising round for Plasma’s XPL token raised half a billion dollars, highlighting strong investor interest in projects connected to stablecoins after Circle’s notable...

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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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