Crypto Star Cobie Launches ICO Platform ‘Sonar’—Plasma Eyes $50M Raise at Sky-High Valuation

Cobie’s ICO platform Sonar launches with Plasma aiming to raise $50M at a $500M valuation—Web3 fundraising just got real.

May 28, 2025 - 03:11
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Crypto Star Cobie Launches ICO Platform ‘Sonar’—Plasma Eyes $50M Raise at Sky-High Valuation

Cobie, one of crypto’s most influential figures, has officially launched his much-anticipated ICO platform ‘Sonar, and its first project, Plasma, is already turning heads. Plasma is seeking to raise $50 million at a $500 million token valuation, making it one of the boldest initial offerings of the year.

Why this matters:

With Cobie’s name attached, Sonar instantly carries massive credibility in the crypto world. Plasma’s aggressive valuation suggests high expectations, and early investor interest could signal a resurgence of ICO-style fundraising, now with more transparency and better tools.

While the $500 million valuation may raise eyebrows, Sonar’s debut could redefine how top-tier Web3 projects raise capital. If Plasma succeeds, expect a wave of ambitious token launches to follow.

Big names, big numbers, and bigger hype—Sonar is live, and Trafy.io is watching every signal it sends.

NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.