simplechain

SimpleChain announced that its testnet officially launched yesterday, simultaneously initiating an early ecosystem airdrop plan. Users can earn points by participating in testnet tasks, and these points will serve as the core basis for future public chain token airdrops.It is reported that the core members of the SimpleChain team come from former executives of Shuqin Technology and Ant Group. ChainCatcher previously reported that SimpleChain has completed a $15 million seed round of financing, led by traditional family offices and industrial investment institutions.SimpleChain is a Layer 1 infrastructure public chain specifically designed for RWA, and the testnet phase will focus on validating its core capabilities, including Trusted Data Services (TDS), Compliance as a Service (CaaS), and the complete link of the asset issuance protocol DataIPO.

SimpleChain announced the completion of a $15 million seed round financing, focusing on building RWA Layer1 infrastructure and continuously promoting the implementation and development of the ecological protocol DataIPO. It is reported that the core members of the team come from former executives of Shuqin Technology, NetEase, and Ant Group.According to public information, Xinhua News Agency previously reported that Shuqin Technology has made forward-looking layouts in China around trusted data, financial technology, and compliance links. The launch of SimpleChain is also seen as a further extension of the team's historical experience in the direction of RWA infrastructure.