Plume Launches Genesis Mainnet for Tokenized Real-World Assets
- Plume Genesis mainnet launches integrating DeFi with RWAs.
- Over $150 million RWAs deployed at launch.
- Partnerships with BlackRock, Invesco enhance institutional buy-in.
Plume Network’s mainnet launch bridges decentralized finance and real-world assets through significant institutional collaborations. Early market feedback indicates robust sector interest.
Plume Network unveiled its Genesis mainnet, allowing tokenization of real-world assets to enter the DeFi space. Chris Yin, CEO of Plume, emphasized integration ease with crypto, reimagining RWAs as yield-bearing assets.
“RWAfi reimagines real world assets as composable, yield-bearing primitives that behave like crypto. By introducing new DeFi use cases to institutional-grade assets, we’re making RWAs as easy to use as any other crypto asset.” – Chris Yin, Co-founder & CEO, Plume Network
Plume partners, including BlackRock, Invesco, signal broad institutional support for RWAs on-chain. These partnerships reflect a significant milestone in the convergence of traditional finance and decentralized platforms, noted industry analysts.
Over $150 million in real-world asset capital deployed on-chain, sparking interest in how these tokenized assets transform the DeFi landscape. Integrated protocols like Curve and Morpho are expected to mature the ecosystem while enhancing liquidity solutions.
This evolution involves a dedicated mainnet for RWAs, implying that tokenization’s future could lie in various classes of assets, including art and metals. Industry experts forecast significant growth, paralleling early Ethereum tokenization trends.
The impact of this development is seen as foundational for the future of finance, with potential regulatory implications as traditional and DeFi markets merge. Industry insiders eagerly anticipate the pace of adoption and resulting structural financial changes.
