Plasma Valuation, Funding & Investors

Bitwise is a cryptocurrency asset manager offering investment products for retail and institutional clients. Its portfolio includes index funds tracking the top 10 or 20 digital assets, bitcoin and ethereum ETPs listed on Deutsche Börse, on-chain staking services, and separately managed accounts. The firm manages multi-strategy funds combining yield generation and alpha pursuits. Headquartered in San Francisco, California, Bitwise partners with custodians like Coinbase to provide regulated exposure since its founding in 2017.

Chain Reaction is a blockchain and privacy technology developer accelerating compute performance for complex applications. Its EL3CTRUM product line features hashing ASICs optimized for efficiency and low power consumption in hashboards and systems. The 3PU platform speeds up privacy-enhancing technologies on encrypted data for sectors including financial institutions, healthcare, defense, oil and gas. Solutions enable secure, scalable computing in cloud environments.

PolySign is a San Francisco-headquartered developer of blockchain infrastructure for institutional digital asset management. Their PolySign Platform delivers MPC-based wallets, custody solutions, and trading execution compliant with SOC 2 and ISO 27001 standards. Integrated with exchanges like Coinbase and networks including Ethereum and Bitcoin, it supports over $10 billion in assets under management for banks and hedge funds. PolySign's technology enables secure multi-party computation for private keys, facilitating cross-chain transfers and DeFi access without single points of failure.

Rain is a first cryptocurrency exchange licensed in the Middle East founded in 2017 and headquartered in Manama Bahrain. Operates as a regulated digital currency exchange and custodian serving retail and institutional clients across the Gulf region. Provides fiat-to-crypto on-ramps for regional currencies and compliant trading infrastructure.

Serum is a decentralized exchange protocol built on the Solana blockchain enabling on-chain order books and automated market makers. Developed by Project Serum in collaboration with FTX and Alameda Research, it supports cross-margin trading, perpetual futures, and lending with high throughput exceeding 50,000 transactions per second. Serum powers DeFi applications for crypto trading communities globally.

Nirvana is a DeFi protocol on the Parallel EVM blockchain enabling AI agents for autonomous trading, liquidity management, and financial product creation. The platform deploys on-chain AI frameworks optimizing capital efficiency through dynamic strategies in perpetual futures and lending markets.

Minterest is an Ethereum-based decentralized lending protocol establishing interest rate markets for ERC-20 tokens, where protocol-captured fees from loans, flash loans, and liquidations fund automated buybacks of the MNT governance token for user distributions and sustained DeFi yields.

Rhino Bitcoin Inc is a Nevada corporation and Bitcoin financial services company focused on making everyday banking and financial management accessible. It integrates traditional banking functions within a secure, user-friendly platform centered on Bitcoin and maintains an active Bitcoin treasury strategy. The Company offers account funding and withdrawal in USD and Bitcoin, Bitcoin trading, custody services, remittances, discounted gift card purchasing, retirement accounts, Bitcoin collateralized loans, bill payments, and direct deposit. Its primary revenue comes from trading activities earning a spread on client exchanges between Bitcoin and U.S. dollars, and it operates in the United States, Malaysia, and Hong Kong.

PT Indokripto Koin Semesta Tbk is a holding company that invests in Subsidiaries engaged in the Futures Exchange and Crypto Asset Exchange. In addition, the Company also provides management consulting services to Subsidiaries such as business planning, business and investment strategies, company operational management and corporate financial consulting.

Coincheck Group NV is a digital asset trading service company. It operates multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and marketplace and exchange platforms on which diverse cryptocurrencies, including Bitcoin and Ethereum, are held and exchanged, and offers other retail-focused crypto services. It is also increasing user's access to digital products and solutions beyond cryptocurrencies, such as non-fungible tokens (NFTs). The company’s revenue is entirely derived from operations within Japan.

Bakkt Inc is focused on building the backbone of next-generation financial infrastructure. The company provides financial technology solutions that support institutional participation in digital assets. Its offerings include infrastructure related to bitcoin, tokenization, stablecoin payments, and AI-enabled financial services. The company specializes in providing solutions designed to meet institutional requirements for security, scale, and regulatory compliance.