Plasm Network, known for scalable smart contract platform on Polkadot, aims to become one of the first Kusama & Polkadot parachains. By getting impressed by Plasm Network since its launch, Binance Labs has announced its first investment in Plasm Network via Polkadot ecosystem fund. Digital Finance Group, PAKA, LongHash, and HashKey are some ventures that participated in the funding round.