Latest news with #RWAfi
Yahoo
4 days ago
- Business
- Yahoo
Plume Launches Genesis Mainnet to Bring Real-World Assets to DeFi
Plume, a blockchain network focused on real-world assets, announced on Thursday the launch of its hotly anticipated Genesis mainnet. The launch, according to a statement shared by the Plume team, marks the "next generation" of asset-backed DeFi — tokenizing traditional financial instruments, or real-world assets (RWA), so they can interact with blockchain-based financial tools. RWAs have taken over the world of blockchain, as they are viewed as a market that could be worth trillions of dollars with traditional financial institutions steadily dipping into crypto. At the time of launch, Plume shared that it has already integrated with financial titans like Blackstone and Invesco, with over $150 million in utilized RWAs, as well as integrations with DeFi mainstays like Curve and Morpho. . 'Through Plume, RWA tokens behave just like crypto-native tokens, enabling users to seamlessly integrate high-yielding real-world assets across familiar DeFi primitives like lending, liquidity provision, yield farming, and leveraged positions,' the team shared. Plume announced in December that it had raised $20 million in a Series A fundraising round and onboarded $4 billion into its ecosystem. In the coming months, the Plume team plans to introduce newer asset classes and RWAfi use-cases, including tokenized art, precious metals, uranium, and trading cards. Read more: RWA-Focused Network Plume Raises $20M from Brevan Howard and Others Ahead of Mainnet Launch
Associated Press
13-05-2025
- Business
- Associated Press
Soil Launches on Plume to Provide RWA-Backed Yield Generation on Stablecoins
WARSAW, Poland, May 13, 2025 /PRNewswire/ -- Soil, a fintech platform that empowers investors to earn secure, predictable returns on stablecoins through the power of tokenized real-world assets (RWAs), today announced that it is joining the mainnet launch of Plume, the first full-stack real world asset Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of RWA. 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 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. 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: SOURCE Soil Ltd.
Associated Press
30-04-2025
- Business
- Associated Press
AEON Partners with Plume to Bring $PLUME to Real-World Payments Across 10,000+ Brands
SINGAPORE, April 30, 2025 /PRNewswire/ -- AEON, the next-generation AI-powered crypto payment protocol, is excited to announce a strategic partnership with Plume, the first full-stack RWA (Real World Asset) Chain and ecosystem built specifically for RWAfi. This collaboration brings real-world utility to Plume's native token, $PLUME, by integrating it directly into AEON Pay. Through this partnership, AEON Pay Telegram Mini App now supports Plume's native token, $PLUME, enabling seamless transactions within the Plume ecosystem and beyond. Users can now utilize $PLUME for a wide array of real-world purchases, from shopping and dining to lifestyle services at merchants supported by AEON Pay, effectively bringing crypto spending into everyday life. The integration begins with a strong focus on offline payments across more than 20 million merchants throughout Southeast Asia and global markets, helping drive mass adoption of crypto in tangible, everyday scenarios. AEON Pay is already available at over 10,000 brands globally, including major names like Pizza Hut, Starbucks, and UNIQLO, making crypto spending easier and more familiar for users. With upcoming plans to rapidly scale into Africa and Latin America, AEON is set to accelerate real-world crypto adoption worldwide. Plume continues to lead innovation in the RWAfi space with over 200 projects building on its EVM-compatible infrastructure. Designed for seamless onboarding, tokenization, and integration of real world assets, Plume offers a composable environment that connects on-chain finance with real-world value. This move significantly enhances Plume's ecosystem by unlocking new real-world use cases for its native token. Through AEON Pay, Plume gains direct access to millions of merchants, making its assets more accessible and widely accepted. This development accelerates Plume's mission to create an interconnected ecosystem where real world assets (RWAs) are easily tokenized, distributed, and used by anyone, anywhere. As more users and merchants engage with tokenized assets in daily transactions, AEON and Plume are helping lay the groundwork for a more connected, functional, and accessible digital economy. 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 200+ 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. XWebsiteDiscordTelegram About AEON AEON is the next-generation AI-powered crypto payment protocol, purpose-built to simplify crypto transactions and drive forward intelligent, automated payments across Web3. Supporting major blockchain ecosystems including EVM, SVM, BNB, and TON, AEON's AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users. With offerings like Web3 Mobile Payment that allows users to pay with crypto across 10,000 brands at 20+ million retail merchants in SEA, Africa and Latin America, Online Web3 Payment, Swap Pay, and a growing suite of AI-integrated payment services, AEON aims to create a future of crypto finance that's intelligent, scalable, and borderless, where AI and blockchain work together to make crypto payments accessible to next billion of users. Website | X | Telegram | Medium View original content: SOURCE AEON
