Soil Launches on Plume to Provide RWA-Backed Yield Generation on Stablecoins
The partnership enables Soil to bring its fixed-income-style income stream on-chain through Plume's infrastructure - giving crypto-native users access to stablecoin yields backed by real-world cash flows.
With this integration, Soil will be among the first platforms to offer RWA-backed stablecoin yields within the Plume ecosystem.
'Joining Plume is further validation of the significant uptick in demand for yield generation on stablecoins backed by traditional assets,' said Nick Motz, Chief Investment Officer of Soil. 'As the first platform to bring European corporate borrowers into on-chain capital markets at scale, we are expanding access to fast-growing private credit markets through a blockchain technology-enabled interface.'
Soil's integration into the Plume ecosystem marks a pivotal step in delivering on-chain fixed income at scale,' said Chris Yin, CEO and Co-Founder of Plume. 'By enabling regulated, real-world yield products like Soil's to operate seamlessly within DeFi, we're expanding the utility of stablecoins and accelerating our mission to make RWAs accessible, interoperable, and truly composable across the RWAfi stack.
This partnership also allows Soil's yield-bearing token to become interchangeable in the broader RWAfi ecosystem. On Plume, these tokens will no longer be siloed, with users able to leverage them within DeFi protocols, as collateral, or in yield-bearing strategies, extending their utility.
Soil joins a group of projects launching on Plume's RWA-native chain, which supports everything from tokenized collectibles to regulated credit markets. Together, the two teams are enabling broader access to private markets by transforming how financial products are created, accessed, and used on-chain.
About Soil
Soil is a fintech platform that empowers investors to earn secure, predictable returns on stablecoins through the power of tokenized real-world assets (RWAs). By combining the stability and compliance of traditional financial products with the efficiency and accessibility of decentralized finance, Soil helps customers grow and protect their capital with institutional-grade yield opportunities. Soil is regulated by the Malta Financial Services Authority (MFSA). For more information, visit www.soil.co
About Plume
Plume is the first full-stack RWA Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real world assets. With 180+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.
plume.org
Media Contacts
For Soil
Monika Ploc, RF|Binder t: +1 212-994-7516 | m: +1 646-220-5665
[email protected]
For Plume
[email protected]
View original content: https://www.prnewswire.com/news-releases/soil-launches-on-plume-to-provide-rwa-backed-yield-generation-on-stablecoins-302452679.html
SOURCE Soil Ltd.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
30 minutes ago
- Business Insider
Transak Raises $16M Strategic Round from Tether and IDG Capital to Scale Stablecoin Payments Infrastructure
Transak, a global leader in fiat-to-crypto infrastructure, has raised $16 million in strategic funding to expand its stablecoin payments stack and scale operations across new markets. The round was led by Tether and IDG Capital, with participation from several other top-tier investors. With stablecoins rapidly becoming the transaction layer of the internet, powering remittances, payments, savings, and cross-border commerce, the next phase of adoption depends on compliant, localized, and developer-friendly infrastructure. Transak is at the center of this shift. 'Stablecoins are no longer just a crypto asset. They are now the rails for global value transfer,' said Sami Start, Co-Founder and CEO of Transak. 'But making them usable at scale requires more than just liquidity. It takes real infrastructure: compliance systems, KYC, fraud prevention, banking partnerships, and deep crypto market knowledge. That's exactly what we've built, and this round helps us scale it globally.' Trusted by over 450 applications, Transak enables users in more than 75 countries to move between fiat and stablecoins through local payment methods, bank transfers, cards, and virtual IBANs, all via a single API. The company has processed over $2 billion in transaction volume, with nearly 30 percent coming from stablecoin flows, and supports both retail and institutional use cases. 'Transak has built a robust and innovative platform that is making stablecoin access simpler, faster, and more reliable for people around the world,' said Paolo Ardoino, CEO of Tether. 'We believe stablecoins are rapidly becoming the backbone of digital payments, offering stability and efficiency that traditional systems often lack. By providing the critical infrastructure needed to support this transformation, Transak is accelerating adoption across both emerging and developed markets, bridging gaps in financial access, and enabling new opportunities for businesses and consumers alike.' Transak's platform combines regulated fiat on and off ramps, virtual bank accounts, real-time liquidity routing, and full-stack compliance tooling. This allows any app, whether a wallet, exchange, fintech, or DeFi platform, to offer seamless fiat to stablecoin conversion without handling the operational complexity themselves. The company holds regulatory approvals in key jurisdictions including the United States, United Kingdom, European Union, Canada, Australia, and India. Expansion into the Middle East, Latin America, and Southeast Asia is actively underway. The $16 million round also included participation from Primal Capital, 1kx, Protein Capital, CEiC, KX VC, 3KVC, Genting Ventures, Fuel Ventures and Umami Capital. Financial Technology Partners (FT Partners) served as Transak's exclusive financial and strategic advisor on this transaction, supporting the company through a strategic and highly selective raise About Transak Transak is the payments infrastructure for stablecoins and crypto. With its Virtual Account APIs and compliance-ready rails, Transak enables apps to onboard users, facilitate cross-border payments, and support multi-party payment flows, natively within their platforms. Integrated by 450+ apps and used by over 10 million users globally, Transak powers fiat-to-crypto and crypto-to-fiat transactions through bank transfers, cards, local payment methods, and stablecoins. Transak operates globally, with a base in Miami and offices in London, Bengaluru, Dubai, and Hong Kong.
Yahoo
an hour ago
- Yahoo
Can Rigetti's Chiplet Strategy Secure Its Spot in DARPA's Next Phase?
Rigetti Computing RGTI is taking an aggressive step to scale its quantum systems with a chiplet-based design — smaller, high-quality modules linked together to overcome the limits of single-chip architectures. The company is targeting the rollout of a 4×9-qubit chiplet system in the near term and aims to exceed 100 qubits with 99.5%–99.7% median two-qubit fidelities by year-end. These milestones align with DARPA's performance criteria as it narrows participants in its Quantum Benchmarking Initiative, a multi-year program to develop utility-scale systems with over 10,000 qubits. Achieving them could secure Rigetti's place in the next phase and open the door to larger government contracts. To support this plan, Rigetti has strengthened its operational base. In February, a $35 million investment from Quanta Computer brings both funding and manufacturing expertise, with Quanta set to produce much of the non-QPU hardware, such as control systems and refrigeration, thus allowing Rigetti to focus on chiplet design and integration. Meanwhile, projects like the AFOSR-backed ABAA fabrication program and Innovate UK partnerships, including a planned 36-qubit upgrade at the NQCC, aim to enhance chip quality and scalability. Key milestones for investors to watch in the remainder of 2025 include the upcoming 4×9 chiplet demonstration, DARPA's Phase B decision, and progress in Quanta's production. Peers Updates International Business Machines IBM has continued to advance its superconducting quantum roadmap, showcasing the 1,121-qubit Condor processor and outlining a path toward modular quantum systems. Alongside hardware gains, IBM is building out a robust quantum cloud platform and software ecosystem to drive developer adoption. The company's near-term focus remains on improving gate fidelities, expanding system access, and preparing the architecture for integration into larger, modular configurations over the next several years. IonQ IONQ is pursuing growth through its trapped-ion technology, which offers high coherence times and precise operations. The company's 2025-end target centers on achieving AQ 64 (algorithmic qubits), a performance metric designed to better reflect real-world utility than raw qubit counts. IonQ is investing in scaling its hardware manufacturing capacity while expanding partnerships in cloud and enterprise markets. The longer-term strategy focuses on increasing algorithmic performance year over year to bridge toward commercially relevant quantum advantage. Rigetti's Price Performance, Valuation and Estimates Shares of RGTI have gained 4.7% in the year-to-date period compared with the industry's growth of 21.7%. Image Source: Zacks Investment Research From a valuation standpoint, Rigetti trades at a price-to-book ratio of 22.41, above the industry average. RGTI carries a Value Score of F. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Rigetti's 2025 earnings implies a significant 86.1% rise from the year-ago period. Image Source: Zacks Investment Research The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Express Wash Concepts Earns Spot on 2025 Inc. 5000 List for the Fifth Time, Cementing Its Place Among America's Fastest-Growing Private Companies
Express Wash Concepts ranked at #3,314 with 119% 3-year growth COLUMBUS, Ohio, Aug. 12, 2025 /PRNewswire/ -- Express Wash Concepts (EWC), one of the nation's fastest-growing express car wash operators, today announced it has once again been named to the prestigious Inc. 5000 list of the nation's fastest-growing private companies, ranking #3,314 with 119% 3-year growth. Express Wash Concepts joins 42 other Central Ohio companies recognized on this year's list, and is one of 115 consumer service companies across the country to receive 2025 Inc. 5000 recognition. "We are honored to once again earn a place on the Inc. 5000 list, standing alongside the nation's most respected and high-growth entrepreneurial companies," said John Roush, Chief Executive Officer of Express Wash Concepts. "As a recognized leader in the express car wash industry, we remain steadfast in our commitment to responsible, strategic growth— expanding our multi-market portfolio, creating high-quality career opportunities for our team members, and delivering an unparalleled wash experience for every customer we serve." Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent— not subsidiaries or divisions of other companies— as of December 31, 2024. Express Wash Concepts currently operates 123 express wash locations across Cincinnati, Columbus, Cleveland, Dayton, Detroit, Hampton Roads, Pittsburgh and Toledo. With a continued focus on strategic core market development, an additional 20 EWC sites are planned to open or break ground by the end of 2025. Complete results of the Inc. 5000, including company profiles and an interactive database, is available at About Express Wash Concepts:Express Wash Concepts (EWC) operates 123 award-winning, express car wash locations across six states under the following brands: Moo Moo Express Car Wash, Flying Ace Express Car Wash, Clean Express Auto Wash, Green Clean Express Auto Wash and Bee Clean Express Car Wash. EWC brands feature fast, high quality and environmentally friendly express tunnel wash experiences and free vacuums. The company's popular Wash Smart Unlimited Club offers members the convenience and value of truly unlimited washing at any location. For more information, please visit View original content to download multimedia: SOURCE Express Wash Concepts Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
