Framework Ventures raises $400M fund, backs Hyperliquid, Plasma
The fund's expansion into AI, robotics and energy is the headline, but its conviction in core digital-asset positions like Hyperliquid, Plasma and Sky shows crypto is still the anchor.
Plasma (XPL) is a Layer 1 blockchain designed to serve as infrastructure for global stablecoin-based financial services. The network is purpose-built around stablecoin payments, offering zero-fee USD₮ transfers and a customizable gas token system that allows users to pay transaction fees using assets other than the network's native token. This design aims to make stablecoin transactions more accessible and frictionless, supporting the broader goal of permissionless financial access. Plasma positions itself as a payments-oriented settlement layer, combining high-throughput blockchain architecture with features tailored to real-world payment use cases, including inbound product suites for integrating stablecoin flows. The project is part of the BNB Chain Ecosystem and was featured in the Binance HODLer Airdrops program, as well as launched via the Echo Launchpad. Categorized as a Smart Contract Platform and Layer 1 network, Plasma also carries a Neobank designation, reflecting its focus on financial services infrastructure built around stablecoins.
The fund's expansion into AI, robotics and energy is the headline, but its conviction in core digital-asset positions like Hyperliquid, Plasma and Sky shows crypto is still the anchor.
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Plasma is the layer 1 blockchain building the stablecoin infrastructure for a new global financial system.
Plasma (XPL) is categorised as: Smart Contract Platform, BNB Chain Ecosystem, Layer 1 (L1).
The official Plasma site is https://www.plasma.to/.
Most recent Plasma coverage: "Framework Ventures raises $400M fund, backs Hyperliquid, Plasma" — read at /en-US/a/framework-ventures-raises-400m-fund-bets-on-hyperliquid.