🚨 Wall Street giant Apollo Global (the one managing $700 billion) has officially invested in Plume ——
This appears to be another significant endorsement for the RWAfi sector 👇
The world’s leading alternative asset management company @apolloglobal (managing assets totaling $700 billion) has made a strategic investment in Plume @plumenetwork;
Let’s break down this news:
1️⃣ Apollo is one of the top asset management institutions globally, and it’s worth noting that Plume is the only RWA project in its investment portfolio.
2️⃣ Apollo’s investment track record is impressive: they have made a $30 billion acquisition of Caesars in the real world, and have also invested in Aptos and Sui on-chain, now they have chosen Plume, indicating a serious commitment to bringing RWA on-chain.
3️⃣ Plume is not just about moving assets on-chain — it is building a complete financial infrastructure for RWA, supporting operations such as trading, lending, collateralization, and speculation, serving as a true bridge between TradFi and DeFi.
📈 The RWAfi sector is set to be exciting:
Apollo brings traditional financial resources, while Plume is responsible for technological implementation; the combination of both will accelerate the global adoption of RWA.
This marks another important milestone in the development of RWAfi.
Hoping for this sector to take off by 2025!
Plume #Apollo #RWAfi #Tokenization #DeFi #TradFi #CryptoResearch
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