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Apollo invests in Plume Network, laying out the infrastructure for on-chain real assets.
Alternative investment management firm Apollo Global Management announced a strategic investment in Plume Network, which focuses on the tokenization of real-world assets (RWA), with the specific amount undisclosed. Plume secured $10 million in seed funding last year, led by Haun Ventures, and also received investment from YZi Labs last month. Plume stated that this round of funding will be used to expand its ecosystem and plans to launch its mainnet in the coming weeks. (TheBlock)