The Blockchain plasma that focusesoin has closed its symbolic sale of $ 373 million in obligations, or more than seven times 50 million dollars it was targeting.
The sale, according to the available data, has increased the subscription of about $ 320 million, looking forward to obtaining about $ 209,000 from XPL that has not been purchased. The launch of the distinctive symbol is expected to occur within 40 days, while the recovered amounts of money that were overlooked in the near future will be treated.
At launch, the plasma network will retain a billion dollars at Stablecoins, to become the fastest Blockchain to reach this number, according to the project.
The plasma, the Bitcoin compatible with ETHEREUM (EVM) -BitCOIN Sidechain, aims to provide fee-free Stablecooin transfers, starting with USDT from Tether.
Plasma enters a competitive market dominated by TON and ETHEREUM, which settles on billions in Stablecoin daily and has seen that Tether converts its concentration into layer 2. She has obtained funding from prominent investors including the Peter Thiel Founders, Framework projects, and Bitfinex.
American investors face a 12 -month lock on the distinctive symbols, but for the rest of the world, XPL will be opened at launch.
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