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SimpleChain completes $15 million seed round funding, focusing on RWA Layer 1 track
ChainCatcher news: SimpleChain announced the completion of a $15 million seed round, focusing on building RWA Layer1 infrastructure, and continuing to advance the implementation and development of the ecosystem protocol DataIPO. It is reported that the project’s core team members previously worked as executives at Shuqin Technology, NetEase, and Ant Group.
According to publicly available information, Xinhua News Agency previously reported on Shuqin Technology, which has made forward-looking plans in China around trusted data, financial technology, and compliant chain-related pathways. The launch of SimpleChain is also viewed as a further extension of the team’s past experience in the direction of RWA infrastructure.