Plasma Launches Public Sale of XPL Token with Echo’s Sonar Infrastructure

Plasma, a blockchain purpose-built for stablecoin payments, announced the launch of its first public sale, utilizing Echo’s innovative Sonar platform. The highly anticipated XPL token sale marks Plasma’s commitment to global financial system development through widespread user engagement and participation. 10% of the total XPL supply will be offered in this public sale. A full valuation of $500 million reflects the strength of the investment, making it accessible to investors on a level playing field. This follows recent funding from Peter Thiel’s Founders Fund, reflecting the project’s commitment to building a transparent and fair launch.