RWAfi Ecosystem Newcomer: Plume Network Brings Innovative Solutions to the Crypto Market

Real World Assets (RWA) are gradually becoming the market focus as an important link between traditional finance and cryptocurrency. However, the current RWA market still faces many challenges, such as inefficiency and high costs, and the connection between the traditional financial system and the on-chain ecosystem urgently needs improvement.

In response to these challenges, Plume, a comprehensive integrated and modular blockchain focused on RWAfi, has emerged. As the first true RWA public chain serving crypto-native users, Plume is committed to providing more efficient, transparent, and convenient solutions by redefining finance through the creation of a dynamic, liquid, and composable market for RWA, making its functionality comparable to native encryption assets.

Rapid development and widespread recognition

After nearly a year of rapid development, Plume Network has become a leader in the RWAfi field, receiving widespread recognition from the community, institutions, emerging banks, and encryption-native protocols. Currently, over 180 projects have been built on Plume, with a total deployed asset exceeding $1 billion, and hundreds of millions of assets are set to be on-chain soon. During the two-month testing period, Plume achieved remarkable results: the number of active wallets exceeded 3.75 million, and the on-chain transaction volume surpassed 270 million, fully demonstrating the ecosystem's vibrancy and user engagement enthusiasm.

In November, the pre-storage event held by Plume received a warm response, with an initial target of 5 million dollars achieved rapidly within 70 seconds. In response to the huge demand from the community, Plume raised the cap to 30 million dollars, ultimately exceeding the target within 90 minutes, with oversubscription reaching 6 times the original plan.

Plume's growth potential has also been recognized by several well-known investment institutions, having cumulatively completed $30 million in financing. In May of this year, Plume completed $10 million in seed round financing. On December 18, Plume announced the completion of $20 million in Series A financing, with participation from several renowned investment institutions.

Drawing on DeFi concepts to create a dedicated RWA ecosystem

Although Layer 1 projects are not few, Plume realizes the need to build a blockchain specifically designed for RWA to meet the special requirements in the process of bringing real-world assets on-chain. Plume draws on DeFi principles and aims to create a more efficient and accessible ecosystem for crypto users and traditional financial institutions.

Plume's modular infrastructure is designed to support the tokenization and management of real-world assets, with core components including the tokenization engine Arc, smart wallets, and the on-chain data highway Nexus. These components work together to provide 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 on-chain process of real-world assets, liquidity management, and regulatory compliance, providing a comprehensive framework that covers liquidity management, built-in anti-money laundering (AML) compliance, and data access features.

Focus on real returns, serve crypto native users

Plume believes that to truly drive the growth of RWAs, it is essential to first focus on the needs of on-chain users. Its RWAfi concept not only involves bringing RWAs on-chain, but also follows the existing behavior patterns of users when integrating traditional and crypto-native worlds, creating products that are easy to understand and accept.

As an open, permissionless chain, Plume offers an easy-to-use, compliant, and efficient asset onboarding tool. Currently, Plume has attracted hundreds of protocols, covering a variety of asset categories such as collectibles, alternative assets, and financial instruments.

Plume focuses on the three most important use cases for encryption users: yield farming, trading, and speculation. For example, Plume provides users with the opportunity to earn returns from a $100 million solar asset by collaborating with RWA projects in the renewable solar energy sector.

Future Outlook

Plume, which is about to officially launch its mainnet, will technically further enhance the scalability and security of its infrastructure, and strengthen data privacy protection; in terms of ecological development and RWA expansion, it will add more asset classes, including tokenized luxury goods, stocks, and new forms of commodities; additionally, 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 crypto market and traditional finance but also makes Plume an important bridge for advancing RWAfi.