Plume, the first fully modular integrated Layer-1 blockchain focused on real-world asset finance (RWAfi), today announced the completion of a 20 million dollar Series A financing round. This round of financing was co-invested by Brevan Howard Digital, Haun Ventures, Galaxy Ventures, and Lightspeed Faction, with participation from well-known institutions such as Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, and Reciprocal Ventures. This financing demonstrates the high recognition from both the crypto industry and traditional financial investors for Plume's commitment to building an on-chain RWAfi ecosystem.
Since its seed round of financing, Plume has experienced explosive growth, with over 180 protocols being built within its ecosystem and a total asset scale exceeding 4 billion dollars. Plume recently completed an 8-week testnet, showcasing impressive data, attracting over 18 million wallets, 3.75 million active users, and more than 280 million transactions. Additionally, Plume's recent pre-staking activity was oversubscribed in less than 90 minutes, raising over 30 million dollars and establishing strong momentum for the upcoming mainnet launch.
As a leader in RWAfi, Plume has built infrastructure to facilitate interaction between on-chain and the real world. Through products like Plume Arc (modular tokenization engine) and Plume Nexus (real-world data providers), Plume has become the simplest choice for bringing real-world assets on-chain, while also enabling users to interact with these assets on Plume's EVM blockchain. On Plume, users can seamlessly exchange, trade, and speculate on real-world assets just as they would with crypto-native assets. Whether it’s earning real yields through holding oil royalties, putting them into lending markets for recycling, or deploying these tokens into perpetual contract decentralized exchanges, Plume is the only on-chain platform that provides permissionless access to the real world through crypto.
“There has been enormous demand for real-world assets (RWA) on-chain, but in the past, there has been a lack of infrastructure to bring these assets on-chain,” said Chris Yin, co-founder and CEO of Plume. “Look at the initial RWA - stablecoins, which are among the best products in the crypto space, providing an excellent entry point for new users into the crypto world. But the key to adoption lies in the ecosystem and user experience - while stablecoins have achieved this, other RWAs have not yet succeeded. Now, through Plume, various asset issuers can become crypto-native builders. Through our technology and ecosystem, we connect them directly to our community, ecosystem, and liquidity, all in an open, permissionless, and composable way.”
This round of financing will accelerate Plume's commitment to creating the first Layer-1 blockchain focused on RWA for crypto-native users and institutions, while also supporting the development of applications and products in emerging markets built on Plume. This will further advance its mission - bringing real-world assets on-chain to serve crypto-native users and even the largest financial institutions.
“Plume's innovative approach to RWA leverages the unique capabilities of DeFi-native blockchains and combines them with a deep understanding of traditional financial institutions and brand new user incentive mechanisms, especially in emerging markets,” said Will Nuelle, partner at Galaxy Ventures. “What’s exciting is that Plume is bringing alternative investment classes such as carbon credits, specialized financial products, and GPUs on-chain, which are currently not easily accessible to investors.”
Plume is committed to unlocking the untapped potential of physical assets and economic data to create new opportunities for real yields, sustainable growth, and global accessibility. Users will be able to access Plume starting with the mainnet launch at the beginning of next year.
About Plume
Plume is the first fully modular integrated Layer-1 blockchain focused on RWAfi, providing a composable, EVM-compatible environment for accessing and managing various real-world assets. Over 180 projects have been built on its private development network, and Plume offers an end-to-end tokenization engine along with a range of financial infrastructure partnerships that simplify the asset access process and achieve seamless integration of real-world assets with DeFi. For more information, please visit https://www.plumenetwork.xyz/ or contact press@plumenetwork.xyz.