Plume receives strategic investment from Apollo Fund to accelerate the development of modular RWA chains.

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Plume receives strategic investment from Apollo Fund, accelerating the development of modular RWA chains

Plume, a fully integrated modular blockchain platform built for real-world assets (RWAs), today announced that it has secured a strategic investment from a fund managed by Apollo, a global alternative asset manager. Plume is building an Ethereum Virtual Machine (EVM)-compatible on-chain environment and full-stack infrastructure that aims to convert traditional financial instruments, carbon credits, GPU power, collectibles, and other alternative assets into composable digital assets and connect them to its RWAfi ecosystem to enable new on-chain capabilities.

This round of financing will help Plume accelerate the construction of its modular blockchain infrastructure, providing solutions for RWA on-chain for crypto-native users, traditional financial institutions, and asset issuers. As the attention on RWA continues to rise in both traditional and crypto markets, this investment will further drive Plume to achieve its mission of enabling users to access and utilize RWA seamlessly and flexibly, just like operating native crypto assets.

In Plume’s RWAfi ecosystem, users can easily conduct exchanges, lending, yield generation, and speculative operations with RWAs. Moreover, financing will support the continuous expansion of the Plume ecosystem. Currently, the project has made positive progress in the testnet phase, with over 18 million wallet addresses participating and integrating more than 200 protocols.

Christine Moy, Partner and Head of Digital Assets at Apollo, stated: “Our investment in Plume reflects Apollo’s focus on technology that can expand the accessibility of institutional-grade products and enhance user experience. As private assets and funds accelerate on-chain, the infrastructure built by Plume has the potential to enhance the utility of digital assets, promote investor participation, and drive next-generation financial solutions, contributing to a more efficient and programmable financial system.”

Traditional RWA pathways typically focus on bringing institutional products on-chain, while Plume’s architecture further enhances the usability of these assets in a crypto-native DeFi environment. Plume has created an on-chain environment that enables users to exchange, lend, collateralize, or develop new applications based on these originally static assets.

Teddy Pornprinya, co-founder and Chief Business Officer of Plume, stated: “We are excited to have the support of Apollo as we work together to advance the vision of RWA on-chain. We have always believed that RWA is not just about tokenization; the real challenge lies in how to realize its practical use on-chain. Through Plume, we are building an environment that allows asset issuers to seamlessly connect liquidity, community, and distribution channels, thus enabling the release of value that was previously difficult to achieve.”

About Plume

Plume is building a full-stack blockchain and ecosystem for RWAfi to promote the adoption and on-demand integration of real-world assets. Currently, there are over 200 projects being developed on the Plume network, which offers an EVM-compatible, composable on-chain environment for introducing and managing a diverse range of real-world assets. Through an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies the asset onboarding process, achieving seamless integration with DeFi, allowing anyone to tokenize real assets, distribute them globally, and serve crypto-native users.

For more information, please visit: Contact email: press@plumenetwork.xyz

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WhenTheHeartIsStable,vip
· 2025-04-08 13:33
You really rise, back then EOS was also a star project.
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