Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone.
Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10M seed round led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Notable angels include founders and executives of leading projects such as Anthony Ramirez of Wormhole Labs, Calvin Liu of EigenLayer, Zon of Initia, Andrew Kang of Mechanism, Jeff Feng & Jayendra Jog of Sei Network, Adam Lawrence of rwa.xyz, Austin King & Tyler Tarsi of Omni, Martin Quensel from Centrifuge, and more.
The RWA industry is one of the fastest growing verticals in crypto today but there remains a critical gap — to date there has not been a permissionless blockchain equipped with full-stack RWA infrastructure to deploy any asset class compliantly. Plume was founded to solve this challenge of real-world asset integration by providing the necessary infrastructure for traditional financial participants to engage, while also offering innovative products that appeal to the crypto-native community. By integrating asset tokenization and compliance into its chain along with RWA specific chain level modifications, Plume simplifies the deployment process and offers a dynamic ecosystem for cross-investment and diversification. The robust DeFi ecosystem on Plume enables users to do everything with RWAs – from earning yield, borrowing/lending, trading, and speculating with leverage.
In testnet alone, Plume has already seen rapid growth with more than 80 RWA and DeFi projects building on its private testnet with everything from collectibles, alternative assets, synthetics, luxury goods, real estate, borrow/lend protocols, perpetual DEXs, and more.
For media inquiries, users can contact Phil LeRoy at (310) 260-7901 or phil(at)melrosepr(dot)com.
About Plume
Plume is the first modular EVM L2 blockchain dedicated for all real-world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Plume’s mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications and provides access to high-quality buyers to increase liquidity for all tokenized RWAs. To learn more about Plume, visit https://www.plumenetwork.xyz/
ContactsCEOChris YinPlume Networkchris@plumenetwork.xyzCMOTiffany LungPlume Networktiffany@plumenetwork.xyz
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
