Plume, a blockchain network aimed at Real-World Assets, announced the launch of his bright-awaited Genesis Manet on Thursday.
The launch, according to a statement that is shared by the Plume team, marks the “next generation” of Defi-Tokenizing-supported traditional financial instruments or Real-World Activa (RWA), so that they can communicate with blockchain-based financial tools.
RWAS has taken over the world of blockchain because they are seen as a market that could be worth trillions of dollars with traditional financial institutions steadily immersing in crypto.
At the time of launch, Plume shared that it has already been integrated with financial titans such as Blackstone and Invesco, with more than $ 150 million in used RWAS, as well as integrations with Defi support pillars such as Curve and Morpho.
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“RWA-Tokens, just like crypto-remingesive tokens, behaved through plum, allowing users to seamlessly integrate high-rowing assets on known Defi-Primitives such as loans, liquidity provision, yield agriculture and lifting tree positions,” the team shared.
Plume announced in December that it had collected $ 20 million in a Serie A fundraising and on board $ 4 billion in its ecosystem.
In the coming months, the Plume team is planning to introduce newer asset classes and RWAFI use cases, including tokenized art, precious metals, uranium and trade cards.
Read more: RWA-oriented Network Pluim collects $ 20 million from Brevan Howard and others prior to the launch