The IC0 platform Sonar, founded by Cobie, has launched its first project Plasma, seeking to raise $50 million

ChainCatcher news, according to TheBlock, the well-known investor Cobie has officially launched the first project Plasma on the ICO platform Sonar, seeking to raise $50 million. Plasma co-founder Paul Faecks stated that 10% of the XPL tokens will be publicly issued this time, aiming to raise $50 million, corresponding to a total token valuation of $500 million.

In previous news, the stablecoin project Plasma announced that it has received strategic investment from Founders Fund, which is under Peter Thiel, although the specific amount has not been disclosed. Peter Thiel is one of the earliest angel investors in Plasma. This investment will help Plasma expand its team, grow its ecosystem, and accelerate adoption in key regions from Latin America to the Middle East and beyond.