Plural, a power economy RWA protocol, raises $7 million in seed funding led by Paradigm

On September 5th, PR Newswire reported that Plural, a real-world asset (RWA) protocol focused on the power economy, announced the completion of a $7 million seed round of funding.

This round was led by renowned crypto investment firm Paradigm, with participation from Maven11, Volt Capital, and Neoclassic Capital, among others. This brings Plural's total funding raised to nearly $10 million.

Plural is a blockchain-based energy technology company dedicated to building the next generation of power economy infrastructure. Leveraging blockchain tokenization and smart contract automation, the company transforms high-value physical energy assets such as solar power plants, energy storage batteries, and data centers into divisible, highly liquid, and programmable digital investment products.

This innovative model not only lowers the investment barrier to clean energy and improves the efficiency of asset operations and revenue distribution, but also provides investors with a transparent, trustworthy, and highly scalable green asset allocation option.

By incorporating real-world energy assets into the decentralized finance (DeFi) ecosystem, Plural aims to drive the energy industry's evolution towards a more open, composable, and sustainable direction, further contributing to the transformation of the global energy structure.

Plural founder and CEO Adam Silver said: "As we enter an era defined by artificial intelligence and electrification, value will be created for the electronic economy at almost every economic moment.

The infrastructure for producing, consuming, and storing electrons will not only power our systems and society, but also generate returns for all types of investors. Investing in the electronic economy will be one of the most compelling capital market opportunities of the next decade, and we are very excited to use tokenization technology to make these assets accessible and investable at scale."