SimpleChain completes $15 million seed round funding, focusing on RWA Layer 1 track

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ChainCatcher news, SimpleChain announces the completion of a $15 million seed round funding, focusing on building RWA Layer 1 infrastructure, and continuously promoting the implementation and development of the ecosystem protocol DataIPO. It is reported that the core team members come from former senior executives of ShuQin Technology, NetEase, and Ant Group.

According to public information, Xinhua News Agency previously reported that ShuQin Technology has made forward-looking arrangements within China around trusted data, financial technology, and compliant chains. The launch of SimpleChain is also seen as a further extension of the team’s historical experience in the RWA infrastructure sector.

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