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Plume Network launches mainnet with 150 million USD of on-chain real assets
The real asset tokenization platform Plume Network, backed by Apollo Global and Haun Ventures, has officially launched its mainnet with 150 million USD in real assets brought onto the blockchain.
Plume is an EVM-compatible Layer 2 network that focuses on tokenizing various assets such as solar farm, medical debt, consumer credit, and corporate bonds. The project supports "Nest vaults" – where users can stake stablecoins to receive yield-generating RWA tokens that can be reused in DeFi protocols.
Plume has recorded approximately 280 million transactions on the testnet and is aiming for the goal of tokenizing billions of USD in assets in the future.