Caldera, a popular modular blockchain forum, has recently begun a collaboration. As per the announcement, it has joined forces with Plume Network, a well-known platform that enables investment and trading of real-world assets. The platform took to its official account on X to disclose this development. With this endeavor, Caldera intends to bring RWAs on-chain.
Bringing Real World Assets on-chain.We're thrilled to partner with @plumenetwork to launch their modular RWA L2 on mainnet, built atop the @Arbitrum Nitro stack.Learn more below pic.twitter.com/q9J94poAmx
— Caldera (@Calderaxyz) May 2, 2024
Caldera and Plume Network Join Forces for the Mainnet Launch of RWA L2
In its recent post, the company expressed its enthusiasm concerning the partnership. Additionally, it also discussed the purpose of this development. It mentioned that the company is launching its modular RWA layer 2 on the mainnet with the help of Plume Network. The respective L2 is built on the top of the Arbitrum Nitro.
In addition to this, the platform also provided the details of the partnership. It revealed that Plume operates as the earliest modular layer 2 blockchain that originally deals with real-world assets. To do this, it added, the project integrates compliance providers and asset tokenization straight into the chain. Moreover, it added that the new development offers several financial instruments to assist consumers.
Apart from that, it also provides alternative assets to increase choices for the users. Additionally, to boost the adoption, it offers collectibles. Plume leverages the services of Caldera to let clients enjoy many benefits. One of these features is the convenient onboarding of the assets. Another such facility is the ability to invest as well as trade any of the real-world assets.
The Launch Offers Smooth, Swift, and Economic Operations with Adequate Compliance
The company asserted that a significant benefit of this collaboration is the adherence to compliance. This means that the users can securely carry out their operations without any risk. Additionally, Plume offers high speed and low fees with this mainnet launch. While moving on, Caldera brought to the front the importance of this endeavor in accomplishing Plume’s mission. It added that Plume Network intends to streamline the deployment of RWA projects.
Simultaneous to this, the platform also focuses on the provision of a matchless blockchain ecosystem. This forum would reportedly enable investment in on-chain RWAs and cross-pollination. Other than this partnership, Plume has also collaborated with several enthusiastic projects that are built in cooperation with Caldera. Hence, Caldera is optimistic about the future outcomes of this mainnet launch.
