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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 Layer 1 infrastructure, and continuing to advance the implementation and development of the ecosystem protocol DataIPO. It is understood that the core team members are composed of former executives from ShuQin Technology, as well as from NetEase and Ant Group.
According to public information, Xinhua News Agency previously reported on ShuQin Technology, which has made forward-looking plans in China around trusted data, fintech, and compliant chain links. The launch of SimpleChain is also seen as a further extension of the team’s prior experience in the direction of RWA infrastructure.