According to TechFlow, the modular physical asset finance (RWAfi) blockchain project Plume Network announced on September 18 that it had successfully joined the Tokenized Asset Alliance (TAC).
Plume Network said it will be committed to promoting the listing of more than $3 billion in assets on the chain, and will continue to work with industry leaders to enhance the tokenization of physical assets, simplify regulatory processes, and promote decentralized financial innovation.
The project has processed more than $280 million in on-chain transactions during the testnet and attracted more than 18 million wallets to participate.
It is reported that TAC selected 21 new members from more than 175 applicants, including Plume Network, a16z, Arbitrum, Aptos, Galaxy Digital, Wisdom Tree, Axelar and Hashnote.
TAC aims to drive more than $1 trillion in assets onto the chain and promote the adoption of public blockchains, asset tokenization, and institutional DeFi.
Earlier news, modular L2 network Plume Network completed a $10 million seed round of financing, led by Haun Ventures.
