The raise is being managed in collaboration with Sonar, which is the ICO arm of Cobie’s public fundraising platform, Echo.
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Stablecoin Blockchain Plasma Fills $500 Million ICO Instantly
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Plasma’s ICO, conducted on Sonar, the ICO arm of Cobie’s Echo platform, follows a $24 million funding round in February 2025
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Plasma’s $500 million vault raise, managed by Sonar, the ICO arm of Cobie’s Echo platform, marked the debut of structured, crypto-native fundraising infrastructure in this market cycle
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