#Plume Network Launches $25 Million Fund#
Hot Topic Overview
Overview
Plume Network recently announced the launch of a $25 million RWAfi ecosystem fund to support the tokenization of real-world assets and early-stage RWAfi projects on its platform. The fund has secured backing from top venture capitalists including Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechanism Capital, Hashkey, Selini, and Manifold. As the first full-stack integrated Layer1 blockchain focused on RWAfi, Plume Network is rapidly gaining traction. Its partnership with Ondo Finance, integrating tokenized US Treasury products (such as USDY) with Plume, has brought over $600 million in TVL and $14 billion in FDV to the ecosystem. Additionally, Plume's flagship RWA staking protocol, NestCredit, attracted over $30 million in pre-deposit activities, bringing Plume's total pre-mainnet TVL to over $64 million. Through the ecosystem fund and various partnerships, Plume is committed to driving the overall growth of RWAfi, positioning itself as a key driver in the RWAfi space.
Ace Hot Topic Analysis
Analysis
Plume Network recently announced the launch of a $25 million RWAfi ecosystem fund to support the tokenization of real-world assets and early-stage RWAfi projects on its platform. The fund is backed by top venture capital firms including Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechanism Capital, Hashkey, Selini, and Manifold. As the first full-stack integrated Layer1 blockchain focused on RWAfi, Plume Network is rapidly emerging, and the establishment of its ecosystem fund will further drive the development and innovation of RWA projects.One of Plume Network's core highlights is its partnership with Ondo Finance, whose tokenized US Treasury products (such as USDY) are integrated with Plume, bringing over $600 million in TVL and $14 billion in FDV to the ecosystem. Additionally, Plume's flagship RWA staking protocol, NestCredit, attracted over $30 million in pre-deposit activities, bringing Plume's total pre-mainnet TVL to over $64 million. These partnerships and activities highlight Plume's strong ability to connect real-world assets with crypto finance.Plume Network is committed to driving the overall growth of RWAfi, and its full-stack integration capabilities and high-quality partnerships make it a key driver in the RWAfi space. With the Trump administration's new policies favoring the RWA sector, Plume Network is poised to usher in a new era for RWA, making it worth watching.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Plume Network established a $25 million fund to drive the tokenization of real-world assets and the development of early RWAfi projects, promoting the flourishing of the RWAfi ecosystem.
The fund has secured support from top venture capitalists including Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechanism Capital, Hashkey, Selini, and Manifold, demonstrating market recognition and confidence in Plume Network.
Plume Network's collaboration with Ondo Finance integrates tokenized US Treasury products (such as USDY) into the Plume ecosystem, providing the community with low-risk, high-yield investment opportunities and driving the adoption of RWAfi.
Plume Network's flagship RWA staking protocol, NestCredit, attracted over $30 million in pre-deposit activities, showcasing its powerful ability to connect real-world assets with the crypto financial realm and laying a solid foundation for its mainnet launch.