Source: Plume Network; Compiler: Tao Zhu, Golden Finance
Plume Network is the first full-stack modular layer 1 blockchain platform focusing on real-world asset financing (RWAfi). The platform announced the establishment of a $25 million RWAfi Ecosystem Fund to support the tokenization of real-world assets on its platform and early-stage RWAfi projects.
The initiative aims to advance RWA tokenization and feed the growing interest in DeFi solutions that incorporate real-world assets such as Treasury bills, GPUs, luxury goods and private credit.
The fund is backed by several leading investors, including Galaxy Digital, Superscrypt, Reciprocal Ventures, Mechanism Capital, Hashkey, Selini and Manifold, who will provide financial support and strategic guidance to help develop Plume RWAfi ecosystem.
Plume CEO Chris Yin said: "The RWAfi Ecosystem Fund represents an important step forward for Plume and RWA-focused DeFi. Bringing real-world assets to the blockchain can be used in multiple industries and Unlocking tremendous value and new use cases in the market. The support of our partners will help us support the teams driving this innovation.”
The fund will provide capital investment, strategic go-to-market support and strategic guidance for projects. , leveraging Plume’s network and infrastructure to support various Enterprises in the RWAfi space.
The focus areas of the RWAfi Ecosystem Fund include:
Innovative RWAfi products: developing complex, yield-generating stable assets and integrating RWA into DeFi applications, including private credit, Insurance products, royalty assets, infrastructure projects, AI/GPU resources, capital infrastructure, investment funds and collectibles.
Vertically Integrated Ecosystem: Projects that contribute to Plume’s full-stack modular ecosystem to facilitate connections between assets, applications, and users.
Global Accessibility and Retail Adoption: Support projects developing products suitable for developed and emerging markets that follow established stablecoin adoption patterns.
Institutional Integration: Support enterprises committed to institutional adoption by partnering with neobanks and fintechs, emphasizing compliant on-chain asset allocation.
Cross-chain interoperability: Support projects working on efficient RWA distribution and scaling across different blockchain networks.
The fund is currently reviewing applications from pre-seed and seed-stage founders working in RWA and DeFi, particularly those focused on tokensApplications from founders of technology, infrastructure and compliance solutions.