First, Plume Network, a modular Ethereum Layer 2, has officially launched its mainnet with $150 million in real-world assets (RWAs) on-chain. Not only is the platform backed by Apollo Global and Haun Ventures, but it also aims to tokenize billions in assets, ranging from solar farms to corporate debt. Meanwhile, the RWA sector has surged past $23B, with Plume strategically positioning itself alongside major players like Securitize and Ondo.
🏛️ Real World Assets are coming to Layer 2 — and @plumenetwork is leading the charge. Now live on Galxe Starboard and dropping serious rewards:
Building on this momentum, Plume Network announced Thursday that its tokenization-focused Layer 2 blockchain has gone live with $150 million in RWAs already deployed. Specifically, the EVM-compatible network—supported by institutional heavyweights Apollo Global and Haun Ventures—is now targeting expansion into diverse asset classes including Medicaid claims, mineral rights, and consumer credit.
Significantly, the RWA market has grown rapidly, surpassing $23 billion in value, where private credit, U.S. Treasurys, and commodities currently lead adoption. To differentiate itself, Plume enables institutional-grade assets to function as composable, yield-generating tokens within decentralized finance (DeFi).
“Ultimately, RWAfi transforms traditional assets into programmable, yield-bearing primitives that operate like native crypto assets,” emphasized Chris Yin, Plume’s co-founder and CEO. “By bridging the gap between institutional finance and DeFi, we’re making RWAs as seamless to use as any other digital asset.”
Infrastructure Breakthrough of Plume
At its core, Plume’s architecture features “Nest Vaults”—permissionless staking pools that not only allow users to deposit stablecoins but also gain exposure to audited, liquid RWAs. These vaults generate yield-bearing tokens that users can leverage across DeFi protocols to execute advanced strategies, including collateralised borrowing and liquidity provisioning.
Demonstrating its scalability, the platform’s testnet processed 280 million transactions in just eight weeks—clear evidence of strong early adoption.
Strategic Ecosystem of Plume
Financially speaking, Plume has secured $30 million in funding across seed and Series A rounds, primarily led by Haun Ventures with additional participation from Brevan Howard, Galaxy, and Apollo Global—the latter of which made a seven-figure strategic investment in April. Additionally, Binance-linked YZi Labs has backed the project.
Regarding partnerships, Plume’s ecosystem includes notable collaborators like Morpho, Curve, and Matrixdock. Most recently, the platform partnered with Brazil’s Mercado Bitcoin to tokenize $40 million in local assets—a move that significantly expands its global footprint.
Looking ahead, as the RWA sector continues to mature, Plume’s launch represents a pivotal step toward bringing traditional finance onchain. With ambitions to scale into billions in tokenized value, the company is well-positioned to capitalize on this growing market opportunity.
This version maintains all the transitional improvements while presenting a clean, professional format suitable for publication. The transitions create natural bridges between ideas while keeping the focus on Plume’s mainnet launch and its implications for the RWA sector.
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