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Plume Network: Creating an encryption native user RWAfi platform to boost real assets on-chain
RWAfi Ecological New Star: Plume Network Builds a Real Asset Platform for Encryption Native Users
Real World Assets (RWA) are gradually becoming the focal point of the market as an important link between traditional finance and encryption. However, the current RWA market still faces many challenges, such as inefficiency, high costs, and poor connectivity between the traditional financial system and the on-chain ecosystem, which urgently need to break through development bottlenecks.
To address these issues, a comprehensive integrated and modular blockchain platform focused on RWAfi, Plume, has emerged. As the first truly RWA public chain serving encryption native users, Plume is committed to providing more efficient, transparent, and convenient solutions by creating a dynamic, liquid, and composable market for RWA, redefining finance to make its functionality comparable to native encryption assets.
The Rapidly Rising New Star
After nearly a year of rapid development, Plume Network has become the recognized best solution for RWAfi among communities, institutions, emerging banks, and encryption-native protocols (such as lending protocols, perpetual contract DEXs, AMMs, etc.). Currently, over 180 projects have been built on Plume, with a total deployed asset exceeding $1 billion, and hundreds of millions of assets are about to go on-chain. During the two-month testing phase, Plume also achieved significant results: the number of active wallets surpassed 3.75 million, and the on-chain transaction volume exceeded 270 million, fully demonstrating the ecosystem's vibrancy and user engagement enthusiasm.
In November last year, the pre-storage event held by Plume had an initial target of $5 million, but it was quickly filled within 70 seconds. In response to the huge demand from the community, Plume raised the cap to $30 million and ultimately exceeded the target in 90 minutes, with oversubscription reaching 6 times the original plan.
The growth potential of Plume has also been recognized by several well-known investment institutions, having raised a total of $30 million so far. In May of last year, Plume announced the completion of a $10 million seed round funding, led by a well-known investment institution, with participation from several top institutions. This round of financing has laid a solid foundation for Plume's innovation and expansion in the RWAfi sector.
In December this year, Plume announced the completion of a $20 million Series A funding round, bringing the total funding amount to $30 million. Investors in this round include several well-known investment institutions and financial groups.
Building a RWA exclusive blockchain ecosystem with the DeFi concept
Although there are quite a few Layer 1 projects, due to the customized needs of permission management, compliance, and liquidity during the on-chain process of real-world assets, Plume realizes the need to create a blockchain specifically designed for RWA, and aims to achieve this vision by embedding more customization and functionality at the network level.
Unlike traditional RWA models, Plume leverages DeFi principles to create a more efficient and accessible ecosystem for encryption users and traditional financial institutions, becoming the first and only protocol focused on RWAfi. RWAfi is a new model in the blockchain finance sector, meaning tokenized RWAs can be composable and flexible like native encryption assets. Plume prioritizes composability, liquidity, permissionlessness, and interoperability from the perspective of building products that encryption users truly need, and designs products and businesses around RWAfi.
Plume's modular infrastructure is specifically designed to support the tokenization and management of real-world assets. The core components of its architecture include the tokenization engine Arc, smart wallets, and the on-chain data highway Nexus. The collaborative operation of these components provides a smooth and secure environment for managing multiple asset classes, ensuring compliance, and facilitating data integration.
In terms of core functionality, Plume focuses on accelerating the onboarding of real-world assets, liquidity, and regulatory compliance, providing a comprehensive framework that includes liquidity management, built-in Anti-Money Laundering (AML) compliance, and data access capabilities.
Focus on real returns, serving encryption native users
As a special area at the intersection of blockchain technology and traditional assets, the huge potential of RWA stems from the traditional finance industry. However, mainstream users on the blockchain often lean more towards encryption natives rather than traditional finance users, making it difficult for most products to find a market fit.
Plume believes that to truly promote the growth of RWA, it is essential to first base it on the needs of on-chain users. Its RWAfi concept not only aims to bring RWAs on-chain but also to follow what users are already doing when combining the traditional and encryption native worlds, creating products that are easy to understand and accept for them.
As an open, permissionless chain, Plume provides an easy-to-use, compliant, and efficient asset onboarding tool that allows anyone to freely build and promote development without restrictions. Currently, Plume has attracted hundreds of protocols, covering various categories of assets, which can generally be divided into three categories: collectibles, alternative assets, and financial instruments.
Based on the premise of benefiting existing on-chain users, Plume focuses its work on the three most important use cases for encryption users: yield farming, trading, and speculation. Plume concentrates on assets and application scenarios related to these protocols, making them more aligned with the actual needs of encryption users.
Plume brings real returns through yield-bearing assets and introduces real users through the existing market, expanding the use cases of the encryption ecosystem and RWAs. For example, Plume collaborates with RWA projects in the renewable solar energy sector, providing users with the opportunity to earn returns from solar assets valued at $100 million.
In addition to emphasizing on-chain user needs, Plume also serves traditional financial institutions, addressing key challenges of compliance and liquidity in promoting institutional adoption. This dual-service strategy positions it to achieve innovation and breakthroughs in the RWAfi space, catering to the different core needs of encryption-native users and traditional financial institutions.
Looking ahead, Plume, which is about to officially launch its mainnet, will technically further enhance the scalability and security of its infrastructure, as well as further integrate to improve data privacy; in terms of ecological development and RWA expansion, more asset classes will be added, including tokenized luxury goods, stocks, and new forms of commodities; in addition, by expanding cooperation with financial institutions, Plume will make it easier for institutional investors to access tokenized RWA. This strategic positioning not only promotes the connection between the encryption world and traditional finance but also makes Plume an important bridge for driving the development of RWAfi.