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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 reported that the core team members come from former executives of Shuqin Technology, in China, as well as NetEase and Ant Group.
According to public information, Xinhua News Agency previously reported on Shuqin Technology, which has made forward-looking deployments in China around trusted data, fintech, and compliant chain paths. The launch of SimpleChain is also seen as a further extension of the team’s past experience in the direction of RWA infrastructure.