Every time the market falls back, the performance of the RWA sector is stronger than that of other tracks, such as Ondo and Usual.
The love of large financial institutions for RWA projects is not only reflected in the price of the currency, but also in the search popularity. Among the top 5 hot search sections of Rootdata, 3 are RWA projects.
During the four years of Trump's administration, due to the relaxation of regulatory policies, tokens of compliant sectors such as RWA and DeFi have become the first choice for institutional investment.
🎈On December 18, RWAfi's Layer1 Plume Network announced the completion of a $20 million A financing. Plume can be said to be the biggest dark horse in the RWA track.
Strong investment background, gathering first-line capital in Europe and the United States
The investors in this round of A financing include top institutions such as Brevan Howard, Haun Ventures, Galaxy Digital and Superscrypt. The founder of Haun Ventures is a former partner of a16z, and the founder of Galaxy Digita is the legendary Wall Street billionaire Mike Novogratz, which shows the strong Wall Street bloodline of their investment background. Moreover, Plume's team members are from leading Web3 institutions such as Coinbase, Robinhood, LayerZero, Polyhedra, BNB Chain, Galaxy, and dYdX.
📌Leading product technology and strong fundamentals
Plume is the first and currently the only RWAfi L1 chain.
Plume builds a DeFi-like ecosystem for RWA by building the RWAfi chain, enabling crypto-native users to participate in RWA in a crypto-native way. Simply put, Plume can combine off-chain assets with DeFi. During the testnet, more than 3.75 million active addresses executed more than 260 million transactions on the chain. At the same time, Plume has the largest and most engaged RWA community, with more than 550,000 followers on Twitter and more than 350,000 members on Discord.
Project backgrounds and fundamentals like Plume Network are extremely rare in previous projects, and it is very likely to become the first of RWA in the future.#RWA#BTC
Just wait and see!
Wait and see!