The New Leader of RWAfi: Plume Network Builds a Professional On-Chain Ecosystem

At the intersection of cryptocurrency and traditional finance, Real World Assets (RWA) are gradually becoming the focus of the market. However, the current RWA market still faces challenges such as inefficiency and high costs, and the connection between traditional finance and the blockchain ecosystem urgently needs improvement.

To this end, a fully integrated and modular chain focused on RWAfi has emerged. As the first truly public chain serving crypto-native users, the project is committed to providing more efficient, transparent, and convenient solutions by creating dynamic, liquid, and composable RWA markets to redefine finance, making it as versatile as native crypto assets.

The Rapidly Rising New Star

After nearly a year of rapid development, this project has been recognized by the community, institutions, emerging banks, and crypto-native protocols as the best solution for RWAfi. Currently, over 180 projects have been built on it, with cumulative deployed assets exceeding $1 billion, and hundreds of millions of assets are about to go on-chain. During the two-month testing phase, the project also achieved remarkable results: the number of active wallets surpassed 3.75 million, and the on-chain transaction volume exceeded 270 million, fully demonstrating the vibrancy of the ecosystem and the enthusiasm of user participation.

In November, the pre-deposit event held by the project received an unexpected response. The initial target was $5 million, but it was quickly filled within 70 seconds. In response to the huge demand from the community, the cap was raised to $30 million, and ultimately, the target was exceeded within 90 minutes, with oversubscription reaching 6 times the original plan.

The growth potential of the project has also been recognized by several well-known VCs, having raised a total of $30 million to date. In May of this year, it completed a $10 million seed round financing, and in December, it announced the completion of a $20 million Series A financing, with participation from several renowned investment institutions.

A blockchain ecosystem designed for RWA, leveraging DeFi concepts

The project recognizes the need to create a blockchain specifically designed for RWA, and aims to achieve this vision by embedding more customization and functionalities at the network layer. Leveraging DeFi principles, the project aims to create a more efficient and accessible ecosystem for crypto users and traditional financial institutions.

The modular infrastructure of the project is specifically designed to support the tokenization and management of real-world assets, with core components of its architecture including a tokenization engine, smart wallets, and an on-chain data highway. The collaborative operation of these components provides a smooth and secure environment for managing multiple asset classes, ensuring compliance, and facilitating data integration.

In terms of core functionality, the project focuses on accelerating the on-chain of real-world assets, liquidity, and regulatory compliance, providing a comprehensive framework that includes liquidity management, built-in anti-money laundering (AML) compliance, and data access features.

Focus on real returns, emphasizing services for native crypto users

The project believes that in order to truly promote the growth of RWA, it is essential to first focus on the needs of on-chain users. Its RWAfi concept not only aims to bring RWAs on-chain but also to tailor products that are easy to understand and accept for users by following what they are already doing when integrating the traditional and crypto-native worlds.

As an open and permissionless chain, the project offers an easy-to-use, compliant, and efficient asset on-chain tool. Currently, hundreds of protocols that have been attracted cover various asset classes, including collectibles, alternative assets, and financial instruments.

Based on the starting point of benefiting existing on-chain users, the project focuses its work on the three most important use cases for crypto users: yield farming, trading, and speculation. By collaborating with RWA projects in the renewable solar energy sector, it offers users the opportunity to earn returns from $100 million worth of solar assets.

In addition to emphasizing on-chain user needs, the project also serves traditional financial institutions and is able to address major challenges in compliance and liquidity in promoting institutional adoption. This bidirectional service strategy makes it promising for achieving innovation and breakthroughs in the RWAfi field, meeting the different core needs of crypto-native users and traditional financial institutions.

Looking ahead, the project will further enhance the scalability and security of its infrastructure technically, and further integrate to improve data privacy; in terms of ecological development and RWA expansion, more asset classes will be added; in addition, by expanding cooperation with financial institutions, it will become easier for institutional investors to access tokenized RWA. This strategic positioning not only facilitates the connection between the crypto world and traditional finance but also positions it as an important bridge to promote the development of RWAfi.