RWAfi platform Plume secures $20m Series A round
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 18 2024Funding and Partnerships: Plume, a modular layer-1 blockchain focused on real-world asset finance, has raised $20 million in Series A funding led by Brevan Howard Digital, Haun Ventures, and Galaxy Ventures, to enhance its ecosystem and support decentralized finance applications. The company has also partnered with Chateau Capital and DigiFT to tokenize illiquid assets and onboard institutional-grade assets.
Mission and Infrastructure: Plume aims to create a blockchain tailored for crypto-native users and institutions, facilitating the on-chain presence of traditional financial assets and alternative investment classes, addressing the historical lack of infrastructure for real-world assets (RWAs) in the crypto space.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
