Binance leads $2.4 million funding for Polkadot's (DOT) Plasm Network
Funding will be used to improve Plasm’s scalability and accelerate research and development. Binance says the investment is a show of commitment about helping the Polkadot network grow. Binance has led a $2.4 million Series A funding for a multi-VM smart contract platform Plasm Network, which is based on the Polkadot platform. According to the report, the Plasm Network is designed to be an EVM-compatible, interoperable, and scalable network. It is designed and based on layer2 solutions such as Zk Rollups and Optimism Virtual Machine (OVM). Are you looking for fast-news, hot-tips and market ...
Source: invezz.com