According to TechFlow, WOO X announced a strategic partnership with the modular EVM L2 blockchain Plume through the WOO X Innovation Hub, aiming to simplify the deployment of real asset (RWA) projects and improve liquidity through asset tokenization and compliance solutions.
At the same time, WOO X X launched an upgraded version of RWA Earn Vaults on July 22, 2024, introducing flexible Vaults. Users can earn interest backed by treasury bonds through USDC, with interest calculated instantly and compounded daily. USDC and accumulated interest can be withdrawn at any time without paying penalties, providing higher liquidity than traditional financial products.
Plume CEO Chris Yin said that the two parties will work together to simplify the process of tokenizing physical assets and lay the foundation for a new generation of finance.
Abby Huang, head of WOO X Innovation Hub, said the collaboration will pave the way for more efficient and user-friendly decentralized solutions.