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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, focused on building RWA Layer1 infrastructure, and continuing to advance the implementation and development of its ecosystem protocol DataIPO. It is reported that the core team members include former senior executives of Shuqin Technology, NetEase, and Ant Group.
According to publicly available information, Xinhua News Agency previously reported on Shuqin Technology. In China, it has already made forward-looking arrangements around trusted data, financial technology, and compliant chain pathways. The launch of SimpleChain is also considered a further extension of the team’s past experience in the direction of RWA infrastructure.