UK Crypto Neobank Plutus Raises $2.3 Million on Base Blockchain Through PlusMore Real-World Asset Initiative
London, UK – February 4, 2026 –
Plutus is a crypto bank from the UK. It raised $2.3 million for its PlusMore Rewards-as-a-Service project. The project runs on the Base blockchain. The team first planned funding with launchpads. They switched to community support and in-app sales when token vesting issues came up. This choice shows the team’s care for security and clear growth.
Combining Real-World Asset Tokenization with Web3 Loyalty Rewards
Plutus blends old-style banking with new blockchain tools. The company started in 2015. Its PLUS token ties rewards to banking use. The token works on the Base blockchain and keeps at least $10 in value per token. Users grab cashback, gift cards from known brands, discounts, and early access to new financial options. Danial Daychopan, CEO and Founder, said his team makes a link between standard finance and the world of Web3. The token gives clear, true value to users.
Base Blockchain Powers the Next Generation of Tokenized Financial Services
Plutus chose Base to build PLUS because Base gives scale and low fees. Some critics question Base for its tokens. Plutus builds its token on spending and rewards that have a real basis. Jesse Pollak, Head of DeFi at Coinbase, noted his approval of the work on Base. He spoke of a clear step from crypto that mainly stored funds to one that helps with day-to-day spending and rewards.
Governance and Community-Driven Development
Plutus planned to release some PLUS tokens via launchpads. A problem with token vesting contracts made this plan unsafe. The team then sold tokens through its app. In this way, it raised $700,000 in a steady manner. PLUS tokens now trade on Aerodrome DEX, a decentralized exchange from the Base community. This method keeps token use honest and clear. People who join PlusMore now get fast rewards and long-term benefits as the platform grows.
Pioneering Tokenization in Real-World Finance
Plutus changed payments with its crypto card service. Its work made many mix regular money with crypto payments. With PlusMore and the PLUS token, the team now turns everyday rewards into digital tokens. This move makes rewards traceable, tradeable, and linked to spending. As banks mix with blockchain, Plutus shows a working case of token use that keeps with rules and truth.
Looking Ahead
Plutus’s $2.3 million raise on Base marks a step in its token economy and finance work. As tokens with real use earn more favor, projects like PlusMore may change how rewards work. The project may change how day-to-day assets are digitized and traded around the world.
For more information, visit Plutus’s press contacts at [email protected].
Disclaimer: This article is based on a Chainwire press release sponsored by commercial partners and reflects reported events as of February 2026.
—
📝 About This Article
This article was generated by Hivebox AI in collaboration with nGRND.
—
⚠️ Disclaimer
This content is for informational purposes only and does not constitute financial or investment advice.
Please consult with a qualified financial advisor before making any decisions related to investments, markets, or assets.
—
Note on Accuracy & Liability
While we strive to provide accurate and up-to-date information, neither Hivebox AI nor nGRND guarantees completeness, reliability, or suitability.
Use this content at your own risk. Neither party assumes liability for any losses you may incur.
—
Thank you for reading.
