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Today, we're thrilled to announce a strategic investment from Founders Fund.
Founded by Peter Thiel, founder and former CEO of PayPal, Founders Fund has been one of the most influential investors in fintech and payments over the past two decades. Their portfolio includes early investments in Stripe, Nubank, Ramp, and Affirm, teams that redefined how money moves globally. Few firms have backed more category-defining companies at the intersection of finance and technology.
Stablecoins are the most important innovation in money since the advent of the internet. But existing infrastructure was never built for this use case. Our goal is to build purpose-built infrastructure from the ground up, designed specifically for the next generation of money movement. This investment marks a major milestone in our mission to take stablecoins beyond crypto-native use cases and into the real world, powering efficient, low-cost, programmable payments at a global scale.
Peter Thiel was one of Plasma’s earliest angel investors. He saw the potential of stablecoins from the start, and we’ve been fortunate to have his support since the beginning. We’re now proud to deepen that relationship and continue building with him and the exceptional team at Founders Fund.
This investment will help us grow our team, expand our ecosystem, and accelerate adoption across key regions, from Latin America to the Middle East and beyond.
Our commitment is simple: unlock the full potential of stablecoins and make them the backbone of a more efficient, open, and inclusive financial system.
Disclaimer
This announcement is for informational purposes only and is not, and is not intended to be, an offer or sale of securities or the XPL tokens. Any offer or sale of the XPL Tokens will only be done subject to the applicable terms and conditions, which will be available upon the opening of the deposit period, and pursuant to definitive offering documents, which will be available upon the closing of the deposit period for those participants who have proven their eligibility via Sonar by Echo. Sonar provides infrastructure services to Plasma only and does not conduct any offer or sale of the XPL Tokens.
We do not consider the offer or sale of the XPL tokens to be securities transactions but due to the lack of clarity of applicability of the securities laws in the United States and foreign jurisdictions, only those participants who have proven their eligibility via Sonar by Echo will be considered as eligible participants. XPL Tokens have not been registered under the U.S. Securities Act of 1933 or any state securities laws and are being offered in reliance on exemptions from registration. As such, they are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable laws.
The Plasma website and the information contained herein are for informational purposes only. Information contained herein contains “forward-looking statements” that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance and are not statements of historical facts. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made and involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Neither Chain Technologies Research nor Plasma Foundation can provide any guarantee or certainty with respect to any forward-looking statement.
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