Coinspeaker Crypto Startup Plume Secures $20M to Build Real-World Asset Finance Ecosystem
Plume, a blockchain platform dedicated to tokenizing real-world assets (RWAs), has raised $20 million in a Series A funding round to advance its mission of revolutionizing asset finance.
The company aims to bridge traditional finance and blockchain technology, creating a streamlined ecosystem for bringing RWAs like bonds, commodities, and real estate onto blockchain rails.
Major Investors Back Plume’s Vision
The funding round saw contributions from prominent venture capital firms, including Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, Superscrypt, Hashkey, and Nomura’s crypto arm Laser Digital.
According to Plume, the funding round also saw participation from A Capital, 280 Capital, SV Angel, and Reciprocal Ventures. The latest investment follows the company’s $10 million seed round in May, led by Haun Ventures.
Plume plans to use the $20 million to expand its blockchain network and accelerate development. Specifically, the funds will support the rollout of its layer-1 protocol, enhance developer tools for customizing the platform, and grow its ecosystem to appeal to both crypto-native users and traditional financial institutions.
Additionally, the company plans to introduce blockchain infrastructures that software developers can leverage to offer RWA financing to users. Plume hopes to eventually simplify access to decentralized finance (DeFi) features like lending, borrowing, and tokenization.
Plume is currently open for software engineers, with more than 180 blockchain projects already building on the platform.
According to the company’s CEO Chris Yin, once it goes live, users will be able to interact with the platform in three different ways. It will allow users to generate returns from tokenized assets, such as Treasury bills, trade physical collectibles with confirmed authenticity, and even place wagers on event results or future asset prices by incorporating real-world data into the blockchain.
Plume’s Latest Partnership and Expanding Vision
Yin told Fortune Crypto that the network will be built in different layers and “each chain has its own flavor, its own community, its own style.”
Plume’s mainnet launch is scheduled for early next year, and the team is actively working to onboard developers and projects in preparation. So far, the platform has integrated over $4 billion worth of RWAs, ranging from private credit funds to niche assets like carbon credits and GPUs.
On December 17, Plume announced a strategic collaboration with DigiFT, the first on-chain RWA exchange licensed by the Monetary Authority of Singapore (MAS). The company said this alliance aims to expand access to regulated digital assets within Plume’s ecosystem, offering institutional-grade tokenized investment opportunities to global investors.
The deal will see Plume integrate UBS Asset Management’s uMINT, a tokenized money market fund built on Ethereum. The fund was issued under UBS Tokenize, to provide next-generation investment products to a broad audience.
DigiFT’s platform allows the issuance and trading of asset-backed tokens while ensuring compliance with regulatory standards. Its collaboration with Plume will connect institutional-grade products to DeFi protocols, enhancing transparency and accessibility for investors.
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Crypto Startup Plume Secures $20M to Build Real-World Asset Finance Ecosystem
