Plume announce a new $20M Series A funding round from both leading crypto & traditional financial institutions: Brevan Howard Digital, Lightspeed Faction, Haun Ventures, Galaxy Ventures, Hashkey, Laser Digital (Nomura Group), 280 Capital, Superscrypt, A Capital, SV Angel, Reciprocal Ventures, and others.
Read also – Mojave Secures $9.5 Mn Series A Funding
Plume oversubscribed our $5M pre-deposit vault more than 8x with $40M+ committed to the vault in just 90 minutes.
Read also – ŌURA Secures $200 Mn in Series D Funding
Plume started with a simple idea: life is better onchain. And so we wanted to make the real world as accessible and easy to use as crypto native assets.
But Plume and real world assets (RWAs) are more than just tokenization. Tokenization is simply a step in the journey to what’s actually important – bringing the real world onchain.
Bringing assets from the offchain world onchain requires purposeful design in order to enhance their value. You need to plug these assets into an ecosystem where they are fully composable and useful across a number of protocols, and also put it into the hands of a robust community of users ready to experiment and innovate. Plume is designed from the ground up for this exact use case – our open, permissionless, and composable RWAfi ecosystem brings the entire RWA and crypto community together to build the future.
Stablecoins are the original and most successful RWA. Stablecoins were built for and adopted by crypto natives before it became the best way to onboard all types of new users – from retail users in emerging markets to the largest institutions in the world. Stablecoins have already shown us the path, we just need to follow it. Build for crypto natives and then expand. Focus on user experience. And make it so seamless that people forget that it’s an “RWA”.
This round accelerates its mission to create the infrastructure needed to bring the real world onchain. Our purpose-built RWAfi blockchain expands the landscape that crypto operates on so we can onboard new users, new assets, new capital, and new use cases. Plume is for everyone, from retail users trading tokenized sneakers to the largest financial institutions tokenizing billion dollar funds. We are blending the offchain and onchain worlds together to seamlessly integrate the real world with DeFi.
About Plume
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.