Plume: What areas will the $25 million RWAfi fund focus on?

Source: Plume Network; Compiler: Tao Zhu, Golden Finance

Plume Network, the first full-stack modular layer 1 blockchain platform focused on real-world asset financing (RWAfi), announced the establishment of a $25 million RWAfi ecosystem fund to support the financing of real-world assets on its platform. Tokenization and early stage RWAfi projects.

The initiative aims to advance the tokenization of RWA 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 the Plume RWAfi ecosystem.

Chris Yin, CEO of Plume, said: "The RWAfi Ecosystem Fund represents a major step forward for Plume and RWA-focused DeFi. Bringing real-world assets onto the blockchain can unlock tremendous value and New use cases. 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 businesses in various RWAfi sectors.

Focus areas for the RWAfi Ecosystem Fund include:

• Innovative RWAfi products: Develop complex, profitable stable assets and integrate RWA into DeFi applications, including private credit, insurance products, royalty assets, infrastructure projects, AI/GPU resources, capital infrastructure, investments Funds and Collections.

• 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 tokenization, infrastructure and compliance solutions.