Deep Tide TechFlow News, on December 18, according to (Fortune), the tokenization startup Plume has completed a $20 million financing round, led by Brevan Howard Digital, Haun Ventures, Lightspeed Faction, and Galaxy Ventures. With this, Plume's total financing amount has reached $30 million. The company is building the first financial ecosystem for physical assets (RWAfi), supporting the tokenization of diverse assets ranging from Pokémon trading cards to oil reserves.
Plume CEO Chris Yin stated that there are currently 180 projects being developed on its network, including the decentralized private credit platform Credbull. The blockchain is scheduled to open to users in early 2025 and will provide features such as asset yield acquisition, physical collectibles transaction verification, and real-time data-based asset price prediction. The funding will be used to expand coverage from crypto-native users to traditional financial institutions and optimize customized features for developers.